First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Hits New 12-Month High – Still a Buy?

Shares of First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) reached a new 52-week high on Monday . The company traded as high as $124.06 and last traded at $124.1650, with a volume of 50076 shares. The stock had previously closed at $124.06.

First Trust Small Cap Growth AlphaDEX Fund Price Performance

The firm has a fifty day simple moving average of $115.41 and a 200-day simple moving average of $105.27. The firm has a market cap of $1.19 billion, a P/E ratio of 20.27 and a beta of 1.18.

First Trust Small Cap Growth AlphaDEX Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.1297 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Trading of First Trust Small Cap Growth AlphaDEX Fund

Hedge funds have recently bought and sold shares of the business. Sylvest Advisors LLC increased its stake in First Trust Small Cap Growth AlphaDEX Fund by 1.2% during the 1st quarter. Sylvest Advisors LLC now owns 8,510 shares of the company’s stock valued at $825,000 after purchasing an additional 105 shares in the last quarter. Gateway Wealth Partners LLC lifted its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 1.5% in the fourth quarter. Gateway Wealth Partners LLC now owns 8,754 shares of the company’s stock valued at $841,000 after buying an additional 127 shares in the last quarter. PFG Advisors grew its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 4.6% during the fourth quarter. PFG Advisors now owns 3,174 shares of the company’s stock valued at $305,000 after buying an additional 139 shares during the last quarter. CWM LLC grew its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 19.9% during the fourth quarter. CWM LLC now owns 1,108 shares of the company’s stock valued at $106,000 after buying an additional 184 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 2.2% during the fourth quarter. Oppenheimer & Co. Inc. now owns 10,379 shares of the company’s stock worth $998,000 after acquiring an additional 228 shares in the last quarter.

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.