First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) Stock Price Down 0.1% – Here’s What Happened

First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) shares fell 0.1% on Friday . The stock traded as low as $81.67 and last traded at $81.75. 3,340 shares were traded during trading, a decline of 79% from the average session volume of 15,867 shares. The stock had previously closed at $81.85.

First Trust Mid Cap Growth AlphaDEX Fund Stock Down 0.1 %

The company has a market cap of $363.79 million, a price-to-earnings ratio of 17.61 and a beta of 1.13. The company’s 50-day moving average is $77.62 and its 200 day moving average is $74.89.

First Trust Mid Cap Growth AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.3051 per share. This represents a $1.22 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from First Trust Mid Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.06.

Institutional Trading of First Trust Mid Cap Growth AlphaDEX Fund

Several large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of First Trust Mid Cap Growth AlphaDEX Fund by 16.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,278 shares of the company’s stock worth $1,760,000 after acquiring an additional 3,347 shares during the period. PCG Wealth Advisors LLC acquired a new position in First Trust Mid Cap Growth AlphaDEX Fund in the 1st quarter valued at about $2,094,000. Janney Montgomery Scott LLC lifted its holdings in First Trust Mid Cap Growth AlphaDEX Fund by 1.4% in the first quarter. Janney Montgomery Scott LLC now owns 10,811 shares of the company’s stock valued at $817,000 after acquiring an additional 150 shares during the last quarter. Kingsview Wealth Management LLC increased its position in shares of First Trust Mid Cap Growth AlphaDEX Fund by 6.2% during the 1st quarter. Kingsview Wealth Management LLC now owns 43,931 shares of the company’s stock worth $3,322,000 after purchasing an additional 2,567 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC acquired a new position in First Trust Mid Cap Growth AlphaDEX Fund in the first quarter valued at about $348,000.

First Trust Mid Cap Growth AlphaDEX Fund Company Profile

The First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Growth index. The fund tracks a tiered equal-weighted index of mid-cap growth stocks selected by AlphaDex selection methodology from the S&P 400 Index. FNY was launched on Apr 18, 2011 and is managed by First Trust.