First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB - Get Free Report) was up 1.4% during trading on Monday . The company traded as high as $71.79 and last traded at $73.17. Approximately 347 shares were traded during trading, a decline of 92% from the average daily volume of 4,194 shares. The stock had previously closed at $72.18.
First Trust Multi Cap Value AlphaDEX Fund Trading Down 0.4 %
The stock has a fifty day moving average of $77.83 and a two-hundred day moving average of $82.42. The stock has a market capitalization of $109.20 million, a price-to-earnings ratio of 12.61 and a beta of 1.07.
First Trust Multi Cap Value AlphaDEX Fund Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a dividend yield of 1.04%. The ex-dividend date was Thursday, March 27th.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Golden State Wealth Management LLC acquired a new stake in First Trust Multi Cap Value AlphaDEX Fund in the 4th quarter valued at about $82,000. Jones Financial Companies Lllp grew its stake in shares of First Trust Multi Cap Value AlphaDEX Fund by 39.7% during the fourth quarter. Jones Financial Companies Lllp now owns 2,563 shares of the company's stock valued at $211,000 after purchasing an additional 728 shares during the last quarter. PFG Investments LLC increased its holdings in shares of First Trust Multi Cap Value AlphaDEX Fund by 10.8% in the fourth quarter. PFG Investments LLC now owns 4,348 shares of the company's stock valued at $359,000 after purchasing an additional 424 shares in the last quarter. Truist Financial Corp acquired a new stake in shares of First Trust Multi Cap Value AlphaDEX Fund in the fourth quarter valued at approximately $392,000. Finally, Stratos Wealth Partners LTD. raised its position in First Trust Multi Cap Value AlphaDEX Fund by 3.1% in the 4th quarter. Stratos Wealth Partners LTD. now owns 5,539 shares of the company's stock worth $457,000 after purchasing an additional 164 shares during the last quarter.
About First Trust Multi Cap Value AlphaDEX Fund
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The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.
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