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First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Trading 1.3% Higher - Still a Buy?

First Trust United Kingdom AlphaDEX Fund logo with Manufacturing background

Shares of First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU - Get Free Report) were up 1.3% during trading on Friday . The company traded as high as $37.98 and last traded at $37.78. Approximately 8,503 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 29,773 shares. The stock had previously closed at $37.31.

First Trust United Kingdom AlphaDEX Fund Trading Up 1.3 %

The company has a market capitalization of $64.23 million, a P/E ratio of 12.45 and a beta of 1.18. The business has a 50 day moving average price of $38.73 and a 200 day moving average price of $39.65.

First Trust United Kingdom AlphaDEX Fund Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.6439 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

An institutional investor recently raised its position in First Trust United Kingdom AlphaDEX Fund stock. Quantinno Capital Management LP raised its stake in First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU - Free Report) by 15.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,995 shares of the company's stock after buying an additional 1,477 shares during the quarter. Quantinno Capital Management LP owned about 0.58% of First Trust United Kingdom AlphaDEX Fund worth $460,000 at the end of the most recent reporting period.

About First Trust United Kingdom AlphaDEX Fund

(Get Free Report)

The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is based on the NASDAQ AlphaDEX United Kingdom index. The fund tracks a tiered equal-weighted index of 75 companies selected based on NASDAQs AlphaDEX selection methodology. FKU was launched on Feb 14, 2012 and is managed by First Trust.

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