First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Shares Cross Above 200-Day Moving Average - Time to Sell?

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $71.85 and traded as high as $84.62. First Trust Small Cap Growth AlphaDEX Fund shares last traded at $84.57, with a volume of 20,712 shares changing hands.

First Trust Small Cap Growth AlphaDEX Fund Trading Down 1.0 %

The business has a 50-day moving average of $77.99 and a two-hundred day moving average of $71.93. The firm has a market cap of $389.39 million, a P/E ratio of 15.06 and a beta of 1.19.

First Trust Small Cap Growth AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.344 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.38 annualized dividend and a dividend yield of 1.64%. This is an increase from First Trust Small Cap Growth AlphaDEX Fund's previous quarterly dividend of $0.07.

Institutional Investors Weigh In On First Trust Small Cap Growth AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in the business. Willner & Heller LLC increased its holdings in First Trust Small Cap Growth AlphaDEX Fund by 2.3% in the second quarter. Willner & Heller LLC now owns 7,856 shares of the company's stock valued at $518,000 after purchasing an additional 179 shares during the period. HFG Advisors Inc. lifted its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 1.0% in the 3rd quarter. HFG Advisors Inc. now owns 20,752 shares of the company's stock worth $1,543,000 after purchasing an additional 205 shares during the period. Comerica Bank boosted its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 28.7% in the 1st quarter. Comerica Bank now owns 924 shares of the company's stock valued at $61,000 after purchasing an additional 206 shares during the last quarter. Gateway Wealth Partners LLC increased its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 2.3% during the third quarter. Gateway Wealth Partners LLC now owns 9,103 shares of the company's stock worth $677,000 after buying an additional 207 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 0.6% during the third quarter. PNC Financial Services Group Inc. now owns 50,540 shares of the company's stock worth $3,759,000 after buying an additional 306 shares during the period.

First Trust Small Cap Growth AlphaDEX Fund Company Profile

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.