First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Trading 0.4% Higher

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT)’s stock price traded up 0.4% during trading on Thursday . The company traded as high as $50.82 and last traded at $50.38. 8,764 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 16,252 shares. The stock had previously closed at $50.17.

First Trust Small Cap Value AlphaDEX Fund Trading Up 1.7 %

The stock’s fifty day moving average price is $52.47 and its two-hundred day moving average price is $50.69. The firm has a market capitalization of $184.44 million, a price-to-earnings ratio of 9.23 and a beta of 1.37.

First Trust Small Cap Value AlphaDEX Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a dividend of $0.122 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.49 annualized dividend and a yield of 0.95%.

Hedge Funds Weigh In On First Trust Small Cap Value AlphaDEX Fund

Several institutional investors have recently made changes to their positions in the stock. Simplicity Solutions LLC lifted its holdings in shares of First Trust Small Cap Value AlphaDEX Fund by 0.4% in the 4th quarter. Simplicity Solutions LLC now owns 273,559 shares of the company’s stock worth $14,879,000 after purchasing an additional 996 shares during the last quarter. International Assets Investment Management LLC bought a new stake in First Trust Small Cap Value AlphaDEX Fund in the fourth quarter valued at $14,081,000. Cornerstone Wealth Management LLC acquired a new position in shares of First Trust Small Cap Value AlphaDEX Fund during the fourth quarter valued at $316,000. Creative Financial Designs Inc. ADV grew its position in shares of First Trust Small Cap Value AlphaDEX Fund by 5.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 15,632 shares of the company’s stock worth $850,000 after acquiring an additional 839 shares during the last quarter. Finally, Harbour Investments Inc. increased its holdings in shares of First Trust Small Cap Value AlphaDEX Fund by 3.7% in the 3rd quarter. Harbour Investments Inc. now owns 58,686 shares of the company’s stock worth $2,757,000 after acquiring an additional 2,069 shares during the period.

About First Trust Small Cap Value AlphaDEX Fund

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.