First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Trading Up 1.4%

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) shot up 1.4% during trading on Thursday . The stock traded as high as $53.61 and last traded at $53.61. 10,768 shares were traded during trading, a decline of 35% from the average session volume of 16,530 shares. The stock had previously closed at $52.89.

First Trust Small Cap Value AlphaDEX Fund Stock Up 1.4 %

The stock has a market capitalization of $193.00 million, a P/E ratio of 9.68 and a beta of 1.37. The stock has a 50 day simple moving average of $52.41 and a two-hundred day simple moving average of $51.30.

First Trust Small Cap Value AlphaDEX Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.122 per share. This represents a $0.49 annualized dividend and a yield of 0.91%. The ex-dividend date was Thursday, March 21st.

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

Hedge funds have recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its position in shares of First Trust Small Cap Value AlphaDEX Fund by 11.9% in the third quarter. Janney Montgomery Scott LLC now owns 5,655 shares of the company’s stock valued at $266,000 after buying an additional 600 shares during the last quarter. US Bancorp DE raised its stake in First Trust Small Cap Value AlphaDEX Fund by 2.7% in the 1st quarter. US Bancorp DE now owns 25,157 shares of the company’s stock valued at $1,369,000 after acquiring an additional 654 shares during the period. NBC Securities Inc. acquired a new stake in First Trust Small Cap Value AlphaDEX Fund during the 3rd quarter valued at $32,000. Creative Financial Designs Inc. ADV boosted its position in First Trust Small Cap Value AlphaDEX Fund by 5.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 15,632 shares of the company’s stock worth $850,000 after purchasing an additional 839 shares during the period. Finally, Kingsview Wealth Management LLC boosted its position in First Trust Small Cap Value AlphaDEX Fund by 1.9% during the third quarter. Kingsview Wealth Management LLC now owns 49,354 shares of the company’s stock worth $2,318,000 after purchasing an additional 910 shares during the period.

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.