First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Trading Up 0.2% – Here’s Why

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC)’s share price was up 0.2% during trading on Monday . The stock traded as high as $77.72 and last traded at $77.23. Approximately 31,952 shares were traded during trading, a decline of 11% from the average daily volume of 36,065 shares. The stock had previously closed at $77.09.

First Trust Small Cap Growth AlphaDEX Fund Stock Performance

The business has a 50 day simple moving average of $70.00 and a two-hundred day simple moving average of $74.72. The firm has a market capitalization of $444.07 million, a P/E ratio of 17.33 and a beta of 1.19.

Institutional Trading of First Trust Small Cap Growth AlphaDEX Fund

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Stratos Wealth Partners LTD. purchased a new position in First Trust Small Cap Growth AlphaDEX Fund in the fourth quarter worth $225,000. Focus Financial Network Inc. bought a new stake in First Trust Small Cap Growth AlphaDEX Fund during the fourth quarter worth about $1,020,000. G&S Capital LLC purchased a new position in shares of First Trust Small Cap Growth AlphaDEX Fund in the 4th quarter worth about $1,084,000. Atria Wealth Solutions Inc. purchased a new position in shares of First Trust Small Cap Growth AlphaDEX Fund in the 4th quarter worth about $240,000. Finally, TKG Advisors LLC bought a new position in shares of First Trust Small Cap Growth AlphaDEX Fund during the 4th quarter valued at about $298,000.

About First Trust Small Cap Growth AlphaDEX Fund

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.