First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) Stock Price Down 0.8% – Should You Sell?

Shares of First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNYGet Free Report) were down 0.8% during trading on Monday . The stock traded as low as $92.27 and last traded at $92.27. Approximately 13,274 shares changed hands during trading, a decline of 33% from the average daily volume of 19,732 shares. The stock had previously closed at $93.05.

First Trust Mid Cap Growth AlphaDEX Fund Stock Down 0.8%

The company’s 50-day moving average is $91.64 and its 200 day moving average is $87.44. The company has a market cap of $456.74 million, a price-to-earnings ratio of 24.50 and a beta of 1.18.

Hedge Funds Weigh In On First Trust Mid Cap Growth AlphaDEX Fund

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC acquired a new stake in First Trust Mid Cap Growth AlphaDEX Fund in the second quarter valued at approximately $37,000. Founders Financial Alliance LLC purchased a new position in shares of First Trust Mid Cap Growth AlphaDEX Fund during the 3rd quarter valued at approximately $192,000. Advisory Services Network LLC acquired a new stake in First Trust Mid Cap Growth AlphaDEX Fund in the 3rd quarter valued at $192,000. Geneos Wealth Management Inc. increased its holdings in First Trust Mid Cap Growth AlphaDEX Fund by 9.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,251 shares of the company’s stock worth $169,000 after acquiring an additional 188 shares in the last quarter. Finally, Brookwood Investment Group LLC purchased a new stake in First Trust Mid Cap Growth AlphaDEX Fund in the 3rd quarter worth $226,000.

First Trust Mid Cap Growth AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Growth index. The fund tracks a tiered equal-weighted index of mid-cap growth stocks selected by AlphaDex selection methodology from the S&P 400 Index. FNY was launched on Apr 18, 2011 and is managed by First Trust.

Featured Stories

Receive News & Ratings for First Trust Mid Cap Growth AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Mid Cap Growth AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.