First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC - Get Free Report) shot up 3% during mid-day trading on Monday . The company traded as high as $72.90 and last traded at $72.90. 14,179 shares were traded during trading, a decline of 55% from the average session volume of 31,389 shares. The stock had previously closed at $70.81.
First Trust Small Cap Growth AlphaDEX Fund Price Performance
The business's 50 day moving average price is $75.54 and its 200 day moving average price is $76.86. The stock has a market capitalization of $415.38 million, a P/E ratio of 17.59 and a beta of 1.19.
Hedge Funds Weigh In On First Trust Small Cap Growth AlphaDEX Fund
Several hedge funds and other institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its holdings in First Trust Small Cap Growth AlphaDEX Fund by 35.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 7,040 shares of the company's stock valued at $545,000 after acquiring an additional 1,825 shares during the period. Sylvest Advisors LLC bought a new stake in First Trust Small Cap Growth AlphaDEX Fund during the fourth quarter valued at approximately $498,000. New Wave Wealth Advisors LLC increased its holdings in First Trust Small Cap Growth AlphaDEX Fund by 27.5% during the fourth quarter. New Wave Wealth Advisors LLC now owns 122,226 shares of the company's stock valued at $9,464,000 after buying an additional 26,383 shares during the last quarter. Gateway Wealth Partners LLC raised its position in First Trust Small Cap Growth AlphaDEX Fund by 4.8% in the fourth quarter. Gateway Wealth Partners LLC now owns 9,536 shares of the company's stock worth $738,000 after acquiring an additional 433 shares during the period. Finally, Nilsine Partners LLC raised its position in First Trust Small Cap Growth AlphaDEX Fund by 20.1% in the fourth quarter. Nilsine Partners LLC now owns 7,645 shares of the company's stock worth $592,000 after acquiring an additional 1,279 shares during the period.
About First Trust Small Cap Growth AlphaDEX Fund
(
Get Free Report)
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.
Featured Articles
Before you consider First Trust Small Cap Growth AlphaDEX Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust Small Cap Growth AlphaDEX Fund wasn't on the list.
While First Trust Small Cap Growth AlphaDEX Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
