First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Trading Up 0.1% – Here’s What Happened

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) shot up 0.1% on Tuesday . The stock traded as high as $81.45 and last traded at $81.12. Approximately 214 shares changed hands during trading, a decline of 85% from the average session volume of 1,396 shares. The stock had previously closed at $81.07.

First Trust Switzerland AlphaDEX Fund Price Performance

The firm has a 50 day moving average of $82.04 and a two-hundred day moving average of $81.62. The stock has a market cap of $35.71 million, a PE ratio of 21.38 and a beta of 0.77.

First Trust Switzerland AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.8084 dividend. This represents a $3.23 dividend on an annualized basis and a yield of 4.1%. This is a boost from First Trust Switzerland AlphaDEX Fund’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend was Thursday, June 25th.

Hedge Funds Weigh In On First Trust Switzerland AlphaDEX Fund

Hedge funds have recently made changes to their positions in the company. Susquehanna International Group LLP lifted its stake in First Trust Switzerland AlphaDEX Fund by 259.8% in the third quarter. Susquehanna International Group LLP now owns 36,235 shares of the company’s stock valued at $2,784,000 after buying an additional 26,165 shares during the last quarter. First Trust Advisors LP boosted its holdings in shares of First Trust Switzerland AlphaDEX Fund by 24.0% in the third quarter. First Trust Advisors LP now owns 428,728 shares of the company’s stock valued at $32,935,000 after acquiring an additional 82,914 shares in the last quarter. Jane Street Group LLC increased its position in First Trust Switzerland AlphaDEX Fund by 216.5% during the 1st quarter. Jane Street Group LLC now owns 76,521 shares of the company’s stock worth $5,177,000 after purchasing an additional 52,346 shares during the period. Royal Bank of Canada grew its holdings in First Trust Switzerland AlphaDEX Fund by 35.3% during the fourth quarter. Royal Bank of Canada now owns 959 shares of the company’s stock worth $77,000 after acquiring an additional 250 shares during the period. Finally, Kestra Advisory Services LLC purchased a new position in First Trust Switzerland AlphaDEX Fund in the fourth quarter worth $161,000.

First Trust Switzerland AlphaDEX Fund Company Profile

The First Trust Switzerland AlphaDEX Fund (FSZ) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Switzerland index. The fund tracks a tiered, equal-weighted index of 40 Swiss companies selected from the NASDAQ Switzerland Index. It aims to outperform the broader market using a quant-based methodology. FSZ was launched on Feb 14, 2012 and is managed by First Trust.