First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Shares Down 1.9% – What’s Next?

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT)’s stock price fell 1.9% during trading on Monday . The stock traded as low as $43.41 and last traded at $44.26. 142,400 shares were traded during trading, an increase of 834% from the average session volume of 15,239 shares. The stock had previously closed at $45.10.

First Trust Small Cap Value AlphaDEX Fund Stock Performance

The stock’s fifty day simple moving average is $51.96 and its two-hundred day simple moving average is $54.74. The stock has a market capitalization of $126.14 million, a P/E ratio of 11.70 and a beta of 1.37.

Institutional Trading of First Trust Small Cap Value AlphaDEX Fund

Several institutional investors have recently modified their holdings of the business. GAMMA Investing LLC raised its position in First Trust Small Cap Value AlphaDEX Fund by 16.2% during the 4th quarter. GAMMA Investing LLC now owns 1,463 shares of the company’s stock worth $80,000 after purchasing an additional 204 shares during the last quarter. PNC Financial Services Group Inc. raised its position 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 acquiring an additional 1,386 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of First Trust Small Cap Value AlphaDEX Fund by 69.8% in the fourth quarter. Jones Financial Companies Lllp now owns 2,714 shares of the company’s stock worth $149,000 after acquiring an additional 1,116 shares during the period. Level Four Advisory Services LLC bought a new stake in First Trust Small Cap Value AlphaDEX Fund in the fourth quarter valued at approximately $203,000. Finally, Waverly Advisors LLC acquired a new stake in First Trust Small Cap Value AlphaDEX Fund during the 4th quarter valued at approximately $248,000.

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.