First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) Trading 0.4% Higher

First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) shares traded up 0.4% during mid-day trading on Monday . The stock traded as high as $79.84 and last traded at $79.67. 10,432 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 15,784 shares. The stock had previously closed at $79.35.

First Trust Mid Cap Growth AlphaDEX Fund Price Performance

The firm has a market cap of $358.52 million, a P/E ratio of 17.61 and a beta of 1.13. The firm’s 50-day moving average price is $75.80 and its 200 day moving average price is $74.18.

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

Institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC boosted its position in First Trust Mid Cap Growth AlphaDEX Fund by 1.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,811 shares of the company’s stock valued at $817,000 after purchasing an additional 150 shares during the period. Clarus Wealth Advisors boosted its holdings in shares of First Trust Mid Cap Growth AlphaDEX Fund by 1.8% during the second quarter. Clarus Wealth Advisors now owns 9,167 shares of the company’s stock valued at $671,000 after acquiring an additional 165 shares during the period. Pine Valley Investments Ltd Liability Co grew its position in shares of First Trust Mid Cap Growth AlphaDEX Fund by 9.3% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 3,839 shares of the company’s stock worth $262,000 after acquiring an additional 328 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Mid Cap Growth AlphaDEX Fund by 2.3% in the 2nd quarter. Cetera Investment Advisers now owns 73,195 shares of the company’s stock worth $5,386,000 after acquiring an additional 1,639 shares during the period. Finally, Zions Bancorporation N.A. acquired a new stake in shares of First Trust Mid Cap Growth AlphaDEX Fund in the 2nd quarter worth about $132,000.

About First Trust Mid Cap Growth AlphaDEX Fund

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.