First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Sets New 1-Year Low – Should You Sell?

Shares of First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $85.53 and last traded at $85.53, with a volume of 9991 shares traded. The stock had previously closed at $91.95.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

The firm’s 50-day moving average is $96.13 and its 200 day moving average is $100.33. The firm has a market capitalization of $754.95 million, a P/E ratio of 14.28 and a beta of 1.27.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN boosted its position in First Trust Small Cap Core AlphaDEX Fund by 3.4% during the fourth quarter. Wells Fargo & Company MN now owns 641,305 shares of the company’s stock valued at $64,810,000 after purchasing an additional 20,941 shares during the last quarter. LPL Financial LLC raised its position in shares of First Trust Small Cap Core AlphaDEX Fund by 13.9% in the fourth quarter. LPL Financial LLC now owns 594,657 shares of the company’s stock valued at $60,096,000 after purchasing an additional 72,392 shares during the period. Raymond James Financial Inc. bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth about $44,857,000. Janney Montgomery Scott LLC lifted its position in First Trust Small Cap Core AlphaDEX Fund by 3.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 275,535 shares of the company’s stock worth $27,846,000 after acquiring an additional 8,600 shares during the last quarter. Finally, Hapanowicz & Associates Financial Services Inc lifted its position in First Trust Small Cap Core AlphaDEX Fund by 0.3% during the fourth quarter. Hapanowicz & Associates Financial Services Inc now owns 248,192 shares of the company’s stock worth $25,082,000 after acquiring an additional 810 shares during the last quarter.

First Trust Small Cap Core AlphaDEX Fund Company Profile

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.