First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Sees Strong Trading Volume

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) saw unusually-strong trading volume on Friday . Approximately 75,982 shares changed hands during trading, an increase of 161% from the previous session’s volume of 29,105 shares.The stock last traded at $112.22 and had previously closed at $110.79.

First Trust Mid Cap Core AlphaDEX Fund Trading Up 1.5 %

The business has a 50-day moving average price of $109.37 and a 200 day moving average price of $107.22. The stock has a market cap of $1.17 billion, a PE ratio of 13.43 and a beta of 1.20.

First Trust Mid Cap Core AlphaDEX Fund Increases Dividend

The company also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a dividend of $0.3468 per share. The ex-dividend date was Thursday, June 27th. This is a boost from First Trust Mid Cap Core AlphaDEX Fund’s previous dividend of $0.17.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Anchor Investment Management LLC purchased a new stake in First Trust Mid Cap Core AlphaDEX Fund during the 4th quarter worth about $29,000. Tower Research Capital LLC TRC lifted its holdings in First Trust Mid Cap Core AlphaDEX Fund by 97.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 528 shares of the company’s stock worth $55,000 after purchasing an additional 261 shares in the last quarter. Principal Securities Inc. purchased a new stake in First Trust Mid Cap Core AlphaDEX Fund during the 4th quarter worth about $84,000. GAMMA Investing LLC purchased a new stake in First Trust Mid Cap Core AlphaDEX Fund during the 2nd quarter worth about $101,000. Finally, BKM Wealth Management LLC purchased a new stake in First Trust Mid Cap Core AlphaDEX Fund during the 4th quarter worth about $185,000.

About First Trust Mid Cap Core AlphaDEX Fund

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.