First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Hits New 52-Week High – Time to Buy?

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $143.50 and last traded at $143.33, with a volume of 2807 shares. The stock had previously closed at $142.95.

First Trust Small Cap Core AlphaDEX Fund Trading Up 0.0%

The firm has a 50-day moving average of $134.47 and a 200-day moving average of $125.20. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 13.79 and a beta of 1.06.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be paid a dividend of $0.4369 per share. This represents a $1.75 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, June 25th. This is a boost from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.20.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. 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 buying an additional 119 shares during the period. NBT Bank N A NY grew its holdings in First Trust Small Cap Core AlphaDEX Fund by 127.4% during the first quarter. NBT Bank N A NY now owns 257 shares of the company’s stock worth $31,000 after acquiring an additional 144 shares during the period. Kestra Private Wealth Services LLC grew its holdings 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 acquiring an additional 146 shares during the period. Mariner LLC raised its position 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 valued at $400,000 after acquiring an additional 154 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in First Trust Small Cap Core AlphaDEX Fund by 2.5% in the second quarter. Captrust Financial Advisors now owns 6,321 shares of the company’s stock valued at $615,000 after acquiring an additional 157 shares during the period.

About First Trust Small Cap Core AlphaDEX Fund

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.