First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Sets New 12-Month High – What’s Next?

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNXGet Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $144.81 and last traded at $145.0790, with a volume of 3802 shares traded. The stock had previously closed at $143.05.

First Trust Mid Cap Core AlphaDEX Fund Price Performance

The firm’s 50 day moving average price is $139.13 and its two-hundred day moving average price is $134.09. The stock has a market cap of $1.38 billion, a PE ratio of 14.19 and a beta of 1.06.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC lifted its position in shares of First Trust Mid Cap Core AlphaDEX Fund by 4.1% during the first quarter. NewEdge Advisors LLC now owns 11,156 shares of the company’s stock worth $1,431,000 after acquiring an additional 440 shares in the last quarter. Western Wealth Management LLC grew its position in shares of First Trust Mid Cap Core AlphaDEX Fund by 2.4% in the first quarter. Western Wealth Management LLC now owns 37,693 shares of the company’s stock valued at $4,834,000 after purchasing an additional 873 shares in the last quarter. Bank of America Corp DE grew its position in shares of First Trust Mid Cap Core AlphaDEX Fund by 57.0% in the first quarter. Bank of America Corp DE now owns 205,567 shares of the company’s stock valued at $26,362,000 after purchasing an additional 74,594 shares in the last quarter. Royal Bank of Canada raised its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 4.8% during the 1st quarter. Royal Bank of Canada now owns 273,951 shares of the company’s stock valued at $35,132,000 after purchasing an additional 12,540 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 1.2% during the 1st quarter. Cetera Investment Advisers now owns 198,133 shares of the company’s stock valued at $25,409,000 after purchasing an additional 2,319 shares during the period.

About First Trust Mid Cap Core AlphaDEX Fund

(Get Free Report)

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.

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