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

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNXGet Free Report) saw unusually-strong trading volume on Thursday following a dividend announcement from the company. Approximately 42,084 shares changed hands during mid-day trading, an increase of 43% from the previous session’s volume of 29,360 shares.The stock last traded at $111.75 and had previously closed at $110.58.

The newly announced dividend which will be paid on Thursday, March 28th. Investors of record on Friday, March 22nd will be paid a dividend of $0.1685 per share. The ex-dividend date is Thursday, March 21st.

First Trust Mid Cap Core AlphaDEX Fund Trading Up 1.2 %

The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 11.89 and a beta of 1.20. The firm has a fifty day simple moving average of $104.95 and a 200 day simple moving average of $98.26.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Institutional investors have recently made changes to their positions in the business. FMR LLC boosted its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 8.9% in the 1st quarter. FMR LLC now owns 1,419 shares of the company’s stock valued at $128,000 after purchasing an additional 116 shares in the last quarter. Perigon Wealth Management LLC lifted its holdings in First Trust Mid Cap Core AlphaDEX Fund by 0.7% during the 3rd quarter. Perigon Wealth Management LLC now owns 16,469 shares of the company’s stock valued at $1,517,000 after purchasing an additional 120 shares during the last quarter. Western Wealth Management LLC boosted its position in First Trust Mid Cap Core AlphaDEX Fund by 0.6% in the third quarter. Western Wealth Management LLC now owns 20,974 shares of the company’s stock valued at $1,932,000 after buying an additional 125 shares in the last quarter. Advisory Services Network LLC increased its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 5.1% during the first quarter. Advisory Services Network LLC now owns 2,771 shares of the company’s stock worth $249,000 after buying an additional 135 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 1.7% during the second quarter. IFP Advisors Inc now owns 8,586 shares of the company’s stock worth $827,000 after buying an additional 142 shares in the last quarter.

About First Trust Mid Cap Core AlphaDEX Fund

(Get Free Report)

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.

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