First Trust Mid Cap Value AlphaDEX Fund (FNK) Price, Holdings, & News

ETF Overview

The First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Value index. The fund tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme. FNK was launched on Apr 18, 2011 and is managed by First Trust.

Key Stats

• Today's Range: $51.17 to $51.38
• 50-Day Range: $43.24 to $51.66
• 52-Week Range: $42.68 to $58.52
• Volume: 3,984 shs
• Average Volume: 14,206 shs
• Market Capitalization: $199.76 million
• Assets Under Management: $201.36 million
• Dividend Yield: 1.82%
• Net Expense Ratio: 0.70%
• Aggregate Rating: Moderate Buy

FNK ETF - Frequently Asked Questions

How have FNK shares performed this year?

First Trust Mid Cap Value AlphaDEX Fund's stock was trading at $53.51 on January 1st, 2025. Since then, FNK shares have decreased by 4.3% and is now trading at $51.22.
View the best growth stocks for 2025 here.

Who are First Trust Mid Cap Value AlphaDEX Fund's major shareholders?

Top institutional shareholders of First Trust Mid Cap Value AlphaDEX Fund include Total Investment Management Inc. (34.51%), LPL Financial LLC (6.54%), Raymond James Financial Inc. (2.64%) and GAMMA Investing LLC (2.52%).

How do I buy shares of First Trust Mid Cap Value AlphaDEX Fund?

Shares of FNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Trust Mid Cap Value AlphaDEX Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Mid Cap Value AlphaDEX Fund investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Mid Cap Value AlphaDEX Fund
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:FNK
• Inception Date: 4/19/2011
• Fund Manager: Daniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo
• Previous Symbol: NASDAQ:FNK
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: Nasdaq AlphaDEX Mid Cap Value Index
• Category: Size and Style
• Focus: Mid Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 226

Fund Statistics

• Assets Under Management: $201.36 million
• Average Daily Volume: $18,451.60
• Discount/Premium: 0.03%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Latour Trading

Options

• Optionable: N/A
• Short Interest: 10,400 shs

Miscellaneous

• Outstanding Shares: 3,900,000
• Beta: 1.29
• Creation Unit: 50,000
• Creation Fee: $1,000.00