Free Trial

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Trading 0.6% Higher - Here's Why

First Trust United Kingdom AlphaDEX Fund logo with Manufacturing background

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU - Get Free Report)'s share price traded up 0.6% on Monday . The company traded as high as $40.00 and last traded at $39.90. 2,210 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 14,654 shares. The stock had previously closed at $39.68.

First Trust United Kingdom AlphaDEX Fund Stock Up 0.2 %

The business's fifty day simple moving average is $38.71 and its two-hundred day simple moving average is $39.64. The company has a market cap of $64.91 million, a price-to-earnings ratio of 12.45 and a beta of 1.18.

First Trust United Kingdom AlphaDEX Fund Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.6439 per share. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Quantinno Capital Management LP lifted its position in shares of First Trust United Kingdom AlphaDEX Fund by 15.5% during the 3rd quarter. Quantinno Capital Management LP now owns 10,995 shares of the company's stock valued at $460,000 after acquiring an additional 1,477 shares during the period. Rathbones Group PLC lifted its stake in shares of First Trust United Kingdom AlphaDEX Fund by 2.8% during the fourth quarter. Rathbones Group PLC now owns 59,264 shares of the company's stock valued at $2,257,000 after buying an additional 1,622 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of First Trust United Kingdom AlphaDEX Fund in the fourth quarter valued at $601,000. Finally, Benjamin Edwards Inc. acquired a new stake in shares of First Trust United Kingdom AlphaDEX Fund in the third quarter worth approximately $2,394,000.

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.

See Also

Should You Invest $1,000 in First Trust United Kingdom AlphaDEX Fund Right Now?

Before you consider First Trust United Kingdom 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 United Kingdom AlphaDEX Fund wasn't on the list.

While First Trust United Kingdom AlphaDEX Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines