First Trust China AlphaDEX Fund (NASDAQ:FCA) Stock Price Up 1.9% – Here’s What Happened

Posted by Frank Smitson on Nov 17th, 2024

First Trust China AlphaDEX Fund (NASDAQ:FCA – Get Free Report)’s share price was up 1.9% on Friday . The stock traded as high as $19.46 and last traded at $19.46. Approximately 2,791 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 5,872 shares. The stock had previously closed at $19.10.

First Trust China AlphaDEX Fund Stock Performance

The company has a fifty day moving average of $20.05 and a two-hundred day moving average of $19.90. The firm has a market capitalization of $8.76 million, a price-to-earnings ratio of 4.20 and a beta of 0.57.

First Trust China AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.5414 dividend. The ex-dividend date was Thursday, September 26th. This is an increase from First Trust China AlphaDEX Fund’s previous quarterly dividend of $0.37. This represents a $2.17 annualized dividend and a dividend yield of 11.13%.

Institutional Trading of First Trust China AlphaDEX Fund

An institutional investor recently bought a new position in First Trust China AlphaDEX Fund stock. Integrated Wealth Concepts LLC purchased a new stake in First Trust China AlphaDEX Fund (NASDAQ:FCA – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,120 shares of the company’s stock, valued at approximately $276,000. Integrated Wealth Concepts LLC owned approximately 2.92% of First Trust China AlphaDEX Fund at the end of the most recent quarter.

First Trust China AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust China AlphaDEX Fund (FCA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX China index. The fund tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors. FCA was launched on Apr 18, 2011 and is managed by First Trust.