First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Sees Strong Trading Volume

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) shares saw strong trading volume on Tuesday . 106,178 shares traded hands during trading, an increase of 232% from the previous session’s volume of 31,941 shares.The stock last traded at $106.60 and had previously closed at $108.31.

First Trust Mid Cap Core AlphaDEX Fund Stock Down 2.1 %

The company’s fifty day simple moving average is $108.61 and its 200 day simple moving average is $101.54. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 12.73 and a beta of 1.20.

First Trust Mid Cap Core AlphaDEX Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.1685 dividend. The ex-dividend date was Thursday, March 21st.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Anchor Investment Management LLC bought a new position in shares of First Trust Mid Cap Core AlphaDEX Fund in the fourth quarter worth $29,000. Sandy Spring Bank acquired a new stake in First Trust Mid Cap Core AlphaDEX Fund during the third quarter worth about $36,000. Tower Research Capital LLC TRC increased its holdings in First Trust Mid Cap Core AlphaDEX Fund by 97.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 528 shares of the company’s stock valued at $55,000 after buying an additional 261 shares during the period. Principal Securities Inc. acquired a new position in shares of First Trust Mid Cap Core AlphaDEX Fund in the 4th quarter valued at approximately $84,000. Finally, DB Wealth Management Group LLC lifted its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 24.2% during the 3rd quarter. DB Wealth Management Group LLC now owns 1,059 shares of the company’s stock worth $98,000 after acquiring an additional 206 shares during the period.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

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.