First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Sees Large Volume Increase

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) saw unusually-high trading volume on Thursday . Approximately 10,507 shares traded hands during trading, a decline of 65% from the previous session’s volume of 29,660 shares.The stock last traded at $114.94 and had previously closed at $114.54.

First Trust Mid Cap Core AlphaDEX Fund Stock Performance

The firm has a fifty day simple moving average of $109.68 and a 200-day simple moving average of $107.48. The company has a market capitalization of $1.19 billion, a PE ratio of 13.43 and a beta of 1.20.

First Trust Mid Cap Core AlphaDEX Fund Increases Dividend

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

Institutional Investors Weigh In On First Trust Mid Cap Core AlphaDEX Fund

Institutional investors have recently made changes to their positions in the company. Priebe Wealth Holdings LLC grew its stake in First Trust Mid Cap Core AlphaDEX Fund by 10.0% during the 2nd quarter. Priebe Wealth Holdings LLC now owns 28,830 shares of the company’s stock worth $3,129,000 after buying an additional 2,630 shares during the last quarter. GAMMA Investing LLC bought a new position in First Trust Mid Cap Core AlphaDEX Fund during the 2nd quarter worth $101,000. Cetera Advisors LLC grew its stake in First Trust Mid Cap Core AlphaDEX Fund by 311.4% during 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 last quarter. Cetera Investment Advisers grew its stake in First Trust Mid Cap Core AlphaDEX Fund by 47.9% during the 1st quarter. Cetera Investment Advisers now owns 138,989 shares of the company’s stock worth $15,757,000 after buying an additional 44,985 shares during the last quarter. Finally, Atria Investments Inc grew its stake in First Trust Mid Cap Core AlphaDEX Fund by 55.3% during the 1st quarter. Atria Investments Inc now owns 39,379 shares of the company’s stock worth $4,464,000 after buying an additional 14,029 shares during the last quarter.

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.