First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Trading Down 1.5% – What’s Next?

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) shares fell 1.5% on Friday . The company traded as low as $54.31 and last traded at $54.44. 7,783 shares changed hands during trading, a decline of 45% from the average session volume of 14,071 shares. The stock had previously closed at $55.29.

First Trust Small Cap Value AlphaDEX Fund Price Performance

The firm has a market capitalization of $168.76 million, a price-to-earnings ratio of 9.68 and a beta of 1.37. The stock has a 50 day moving average price of $56.27 and a two-hundred day moving average price of $55.82.

First Trust Small Cap Value AlphaDEX Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.5443 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust Small Cap Value AlphaDEX Fund

Large investors have recently modified their holdings of the company. GAMMA Investing LLC grew its position in shares of First Trust Small Cap Value AlphaDEX Fund by 16.2% in the 4th quarter. GAMMA Investing LLC now owns 1,463 shares of the company’s stock valued at $80,000 after buying an additional 204 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of First Trust Small Cap Value AlphaDEX Fund by 458.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,688 shares of the company’s stock worth $93,000 after purchasing an additional 1,386 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of First Trust Small Cap Value AlphaDEX Fund by 69.8% during the fourth quarter. Jones Financial Companies Lllp now owns 2,714 shares of the company’s stock worth $149,000 after purchasing an additional 1,116 shares during the last quarter. Northwest Wealth Management LLC acquired a new stake in shares of First Trust Small Cap Value AlphaDEX Fund during the third quarter worth about $207,000. Finally, Chicago Partners Investment Group LLC lifted its holdings in shares of First Trust Small Cap Value AlphaDEX Fund by 2.3% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 9,368 shares of the company’s stock valued at $508,000 after purchasing an additional 211 shares during the last quarter.

First Trust Small Cap Value AlphaDEX Fund Company Profile

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.