First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Shares Up 1% – What’s Next?

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT)’s share price was up 1% during trading on Friday . The company traded as high as $55.24 and last traded at $55.18. Approximately 9,492 shares traded hands during trading, a decline of 83% from the average daily volume of 54,346 shares. The stock had previously closed at $54.64.

First Trust Small Cap Value AlphaDEX Fund Stock Up 1.0 %

The firm has a market cap of $162.78 million, a PE ratio of 9.68 and a beta of 1.37. The company has a 50-day simple moving average of $57.27 and a two-hundred day simple moving average of $55.35.

First Trust Small Cap Value AlphaDEX Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.5443 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Simplicity Wealth LLC grew its stake in shares of First Trust Small Cap Value AlphaDEX Fund by 1.6% during the 3rd quarter. Simplicity Wealth LLC now owns 289,519 shares of the company’s stock worth $16,083,000 after acquiring an additional 4,541 shares during the period. Regal Investment Advisors LLC lifted its holdings in First Trust Small Cap Value AlphaDEX Fund by 4.5% during the second quarter. Regal Investment Advisors LLC now owns 133,414 shares of the company’s stock valued at $6,904,000 after purchasing an additional 5,791 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in First Trust Small Cap Value AlphaDEX Fund by 55.6% during the third quarter. Kingsview Wealth Management LLC now owns 117,206 shares of the company’s stock valued at $6,511,000 after purchasing an additional 41,881 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in First Trust Small Cap Value AlphaDEX Fund by 4.7% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 87,030 shares of the company’s stock worth $4,504,000 after purchasing an additional 3,897 shares during the period. Finally, Proactive Wealth Strategies LLC purchased a new position in shares of First Trust Small Cap Value AlphaDEX Fund in the third quarter worth about $4,340,000.

First Trust Small Cap Value AlphaDEX Fund Company Profile

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.