First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) Shares Down 1.9%

First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) fell 1.9% during trading on Friday . The company traded as low as $118.73 and last traded at $119.16. 1,813 shares were traded during mid-day trading, a decline of 64% from the average session volume of 5,003 shares. The stock had previously closed at $121.42.

First Trust MultiCap Growth AlphaDEX Fund Stock Down 1.9 %

The stock has a 50-day moving average of $120.44 and a 200 day moving average of $110.41. The stock has a market cap of $184.70 million, a PE ratio of 15.57 and a beta of 1.10.

First Trust MultiCap Growth AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.064 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.26 dividend on an annualized basis and a yield of 0.21%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. International Assets Investment Management LLC raised its stake in shares of First Trust MultiCap Growth AlphaDEX Fund by 11,545.8% during the 4th quarter. International Assets Investment Management LLC now owns 255,392 shares of the company’s stock worth $28,670,000 after buying an additional 253,199 shares during the period. Global Retirement Partners LLC lifted its position in shares of First Trust MultiCap Growth AlphaDEX Fund by 40,650.0% during the 4th quarter. Global Retirement Partners LLC now owns 2,445 shares of the company’s stock valued at $269,000 after buying an additional 2,439 shares in the last quarter. Apeiron RIA LLC lifted its position in shares of First Trust MultiCap Growth AlphaDEX Fund by 7.1% during the 4th quarter. Apeiron RIA LLC now owns 7,073 shares of the company’s stock valued at $794,000 after buying an additional 470 shares in the last quarter. LPL Financial LLC lifted its position in shares of First Trust MultiCap Growth AlphaDEX Fund by 4.9% during the 3rd quarter. LPL Financial LLC now owns 68,875 shares of the company’s stock valued at $6,896,000 after buying an additional 3,214 shares in the last quarter. Finally, Gallagher Fiduciary Advisors LLC lifted its position in shares of First Trust MultiCap Growth AlphaDEX Fund by 2.9% during the 3rd quarter. Gallagher Fiduciary Advisors LLC now owns 49,747 shares of the company’s stock valued at $4,981,000 after buying an additional 1,388 shares in the last quarter.

About First Trust MultiCap Growth AlphaDEX Fund

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.