First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Hits New 12-Month High – Still a Buy?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $126.00 and last traded at $125.8240, with a volume of 37950 shares trading hands. The stock had previously closed at $124.81.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The firm has a market capitalization of $1.10 billion, a PE ratio of 13.79 and a beta of 1.06. The company has a fifty day moving average price of $121.27 and a 200-day moving average price of $115.69.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.2029 per share. This represents a $0.81 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Cresset Asset Management LLC lifted its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 5.0% in the 3rd quarter. Cresset Asset Management LLC now owns 2,482 shares of the company’s stock valued at $271,000 after acquiring an additional 119 shares during the last quarter. Venture Visionary Partners LLC boosted its stake in First Trust Small Cap Core AlphaDEX Fund by 5.4% during the third quarter. Venture Visionary Partners LLC now owns 2,465 shares of the company’s stock worth $269,000 after buying an additional 126 shares during the period. Kestra Private Wealth Services LLC boosted its stake in First Trust Small Cap Core AlphaDEX Fund by 5.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,791 shares of the company’s stock worth $316,000 after buying an additional 146 shares during the period. Mariner LLC boosted its stake in First Trust Small Cap Core AlphaDEX Fund by 4.4% during the third quarter. Mariner LLC now owns 3,672 shares of the company’s stock worth $400,000 after buying an additional 154 shares during the period. Finally, Captrust Financial Advisors boosted its stake in First Trust Small Cap Core AlphaDEX Fund by 2.5% during the second quarter. Captrust Financial Advisors now owns 6,321 shares of the company’s stock worth $615,000 after buying an additional 157 shares during the period.

First Trust Small Cap Core AlphaDEX Fund Company Profile

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.