First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Trading Down 0.7% – Should You Sell?

Posted by George Bondi on Sep 9th, 2026

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX – Get Free Report) traded down 0.7% during trading on Tuesday . The company traded as low as $143.82 and last traded at $143.8120. 6,541 shares were traded during trading, a decline of 71% from the average session volume of 22,498 shares. The stock had previously closed at $144.86.

First Trust Mid Cap Core AlphaDEX Fund Trading Down 0.7%

The firm has a market capitalization of $1.38 billion, a P/E ratio of 14.19 and a beta of 1.05. The business has a 50 day moving average of $144.55 and a 200-day moving average of $139.11.

First Trust Mid Cap Core AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a dividend of $0.266 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, June 25th.

Hedge Funds Weigh In On First Trust Mid Cap Core AlphaDEX Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ascentis Independent Advisors bought a new position in First Trust Mid Cap Core AlphaDEX Fund during the 1st quarter worth about $31,000. Russell Investments Group Ltd. lifted its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 5,077.8% in the third quarter. Russell Investments Group Ltd. now owns 466 shares of the company’s stock valued at $58,000 after purchasing an additional 457 shares in the last quarter. MidFirst Bank acquired a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the fourth quarter worth about $92,000. Parallel Advisors LLC grew its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 942.6% during the first quarter. Parallel Advisors LLC now owns 1,053 shares of the company’s stock worth $135,000 after buying an additional 952 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the third quarter worth about $136,000.

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.