First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Hits New 52-Week High – Time to Buy?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) reached a new 52-week high during trading on Monday . The stock traded as high as $140.08 and last traded at $140.2540, with a volume of 14158 shares trading hands. The stock had previously closed at $139.03.

First Trust Small Cap Core AlphaDEX Fund Trading Down 0.5%

The stock has a market cap of $1.26 billion, a P/E ratio of 13.79 and a beta of 1.06. The company has a 50 day simple moving average of $131.92 and a 200 day simple moving average of $123.50.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.2029 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.81 dividend on an annualized basis and a dividend yield of 0.6%.

Institutional Investors Weigh In On First Trust Small Cap Core AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cresset Asset Management LLC raised its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 5.0% during the 3rd quarter. Cresset Asset Management LLC now owns 2,482 shares of the company’s stock worth $271,000 after purchasing an additional 119 shares in the last quarter. NBT Bank N A NY raised its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 127.4% during the 1st quarter. NBT Bank N A NY now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 144 shares in the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 5.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 2,791 shares of the company’s stock worth $316,000 after purchasing an additional 146 shares in the last quarter. Mariner LLC raised its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 4.4% during the 3rd quarter. Mariner LLC now owns 3,672 shares of the company’s stock worth $400,000 after purchasing an additional 154 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 2.5% during the 2nd quarter. Captrust Financial Advisors now owns 6,321 shares of the company’s stock worth $615,000 after purchasing an additional 157 shares in 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.