First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Sees Unusually-High Trading Volume – What’s Next?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) shares saw unusually-strong trading volume on Thursday . Approximately 46,681 shares traded hands during mid-day trading, an increase of 122% from the previous session’s volume of 21,027 shares.The stock last traded at $100.79 and had previously closed at $100.65.

First Trust Small Cap Core AlphaDEX Fund Price Performance

The firm has a market capitalization of $958.80 million, a price-to-earnings ratio of 11.51 and a beta of 1.27. The stock has a 50 day moving average price of $103.01 and a two-hundred day moving average price of $100.84.

First Trust Small Cap Core AlphaDEX Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.6219 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. US Bancorp DE increased its position in shares of First Trust Small Cap Core AlphaDEX Fund by 2.0% in the 3rd quarter. US Bancorp DE now owns 5,019 shares of the company’s stock valued at $500,000 after purchasing an additional 100 shares during the last quarter. Creative Planning grew its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 6.8% during the third quarter. Creative Planning now owns 4,471 shares of the company’s stock worth $445,000 after purchasing an additional 285 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in First Trust Small Cap Core AlphaDEX Fund by 12.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 21,896 shares of the company’s stock valued at $2,179,000 after buying an additional 2,413 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in First Trust Small Cap Core AlphaDEX Fund by 2.4% in the third quarter. Chicago Partners Investment Group LLC now owns 69,454 shares of the company’s stock valued at $6,832,000 after buying an additional 1,635 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in First Trust Small Cap Core AlphaDEX Fund by 9,853.0% during the 3rd quarter. International Assets Investment Management LLC now owns 42,798 shares of the company’s stock worth $4,260,000 after buying an additional 42,368 shares during the last quarter.

About First Trust Small Cap Core AlphaDEX Fund

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.