First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) Stock Price Down 3.2% - What's Next?

First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD - Get Free Report)'s share price fell 3.2% during trading on Monday . The company traded as low as $126.38 and last traded at $127.07. 4,473 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 4,985 shares. The stock had previously closed at $131.34.

First Trust MultiCap Growth AlphaDEX Fund Stock Up 2.9 %

The company has a 50 day simple moving average of $140.66 and a 200-day simple moving average of $138.86. The stock has a market capitalization of $206.61 million, a price-to-earnings ratio of 22.84 and a beta of 1.10.

Hedge Funds Weigh In On First Trust MultiCap Growth AlphaDEX Fund

A number of institutional investors have recently modified their holdings of FAD. Nwam LLC acquired a new position in shares of First Trust MultiCap Growth AlphaDEX Fund during the third quarter worth approximately $546,000. RPg Family Wealth Advisory LLC grew its holdings in First Trust MultiCap Growth AlphaDEX Fund by 1.1% during the third quarter. RPg Family Wealth Advisory LLC now owns 11,037 shares of the company's stock worth $1,475,000 after buying an additional 119 shares in the last quarter. Plotkin Financial Advisors LLC bought a new stake in First Trust MultiCap Growth AlphaDEX Fund during the third quarter worth $6,175,000. Stifel Financial Corp grew its holdings in First Trust MultiCap Growth AlphaDEX Fund by 12.2% during the third quarter. Stifel Financial Corp now owns 6,725 shares of the company's stock worth $899,000 after buying an additional 732 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in First Trust MultiCap Growth AlphaDEX Fund by 16.9% during the third quarter. Sanctuary Advisors LLC now owns 4,412 shares of the company's stock worth $655,000 after buying an additional 637 shares in the last quarter.

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First Trust MultiCap Growth AlphaDEX Fund Company Profile

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor's, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.