First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Stock Price Up 1%

Shares of First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) were up 1% on Monday . The stock traded as high as $42.05 and last traded at $42.05. Approximately 3,168 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 12,767 shares. The stock had previously closed at $41.63.

First Trust United Kingdom AlphaDEX Fund Trading Up 1.0 %

The firm has a market capitalization of $71.49 million, a price-to-earnings ratio of 12.45 and a beta of 1.18. The stock has a fifty day moving average price of $39.91 and a 200-day moving average price of $38.68.

First Trust United Kingdom AlphaDEX Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a dividend of $0.4464 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.79 dividend on an annualized basis and a dividend yield of 4.25%.

Hedge Funds Weigh In On First Trust United Kingdom AlphaDEX Fund

A hedge fund recently raised its stake in First Trust United Kingdom AlphaDEX Fund stock. Rathbones Group PLC lifted its holdings in shares of First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) by 3.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 38,163 shares of the company’s stock after purchasing an additional 1,292 shares during the period. Rathbones Group PLC owned 2.24% of First Trust United Kingdom AlphaDEX Fund worth $1,399,000 at the end of the most recent reporting period.

About First Trust United Kingdom AlphaDEX Fund

The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is based on the NASDAQ AlphaDEX United Kingdom index. The fund tracks a tiered equal-weighted index of 75 companies selected based on NASDAQs AlphaDEX selection methodology. FKU was launched on Feb 14, 2012 and is managed by First Trust.