Shares of First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX - Get Free Report) rose 1.4% on Thursday . The stock traded as high as $120.14 and last traded at $120.14. Approximately 24,652 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 30,585 shares. The stock had previously closed at $118.53.
First Trust Mid Cap Core AlphaDEX Fund Price Performance
The stock has a market cap of $1.27 billion, a PE ratio of 13.43 and a beta of 1.20. The business has a 50 day moving average price of $118.86 and a two-hundred day moving average price of $117.57.
First Trust Mid Cap Core AlphaDEX Fund Increases Dividend
The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.4657 per share. The ex-dividend date was Friday, December 13th. This is a boost from First Trust Mid Cap Core AlphaDEX Fund's previous dividend of $0.35.
Hedge Funds Weigh In On First Trust Mid Cap Core AlphaDEX Fund
A number of hedge funds have recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund during the fourth quarter worth about $31,000. Global Retirement Partners LLC raised its position in First Trust Mid Cap Core AlphaDEX Fund by 19.0% during the 4th quarter. Global Retirement Partners LLC now owns 953 shares of the company's stock valued at $110,000 after purchasing an additional 152 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in First Trust Mid Cap Core AlphaDEX Fund by 53.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,424 shares of the company's stock worth $165,000 after buying an additional 494 shares during the period. J.W. Cole Advisors Inc. bought a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the 4th quarter worth approximately $201,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the fourth quarter valued at approximately $205,000.
First Trust Mid Cap Core AlphaDEX Fund Company Profile
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The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.
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