First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Sees Unusually-High Trading Volume

Shares of First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) saw unusually-high trading volume on Monday . 90,980 shares traded hands during trading, an increase of 220% from the previous session’s volume of 28,429 shares.The stock last traded at $107.54 and had previously closed at $108.53.

First Trust Mid Cap Core AlphaDEX Fund Trading Up 0.0 %

The stock has a market capitalization of $1.16 billion, a PE ratio of 13.43 and a beta of 1.20. The business has a fifty day moving average price of $109.28 and a 200-day moving average price of $107.07.

First Trust Mid Cap Core AlphaDEX Fund Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.3468 per share. The ex-dividend date was Thursday, June 27th. This is an increase from First Trust Mid Cap Core AlphaDEX Fund’s previous dividend of $0.17.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in the business. Kaydan Wealth Management Inc. increased its position in shares of First Trust Mid Cap Core AlphaDEX Fund by 1,353.6% in the first quarter. Kaydan Wealth Management Inc. now owns 211,293 shares of the company’s stock valued at $23,954,000 after acquiring an additional 196,757 shares during the period. Cetera Advisors LLC lifted its holdings in First Trust Mid Cap Core AlphaDEX Fund by 311.4% in the 1st quarter. Cetera Advisors LLC now owns 100,450 shares of the company’s stock worth $11,388,000 after buying an additional 76,033 shares during the period. International Assets Investment Management LLC bought a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the 4th quarter worth approximately $5,931,000. Kestra Advisory Services LLC grew its position in shares of First Trust Mid Cap Core AlphaDEX Fund by 16.0% in the 1st quarter. Kestra Advisory Services LLC now owns 345,678 shares of the company’s stock worth $39,190,000 after buying an additional 47,752 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 47.9% during the first quarter. Cetera Investment Advisers now owns 138,989 shares of the company’s stock valued at $15,757,000 after buying an additional 44,985 shares during the period.

About First Trust Mid Cap Core AlphaDEX Fund

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.