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

Shares of 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 were traded 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 given a $0.1685 dividend. The ex-dividend date is Thursday, March 21st.

First Trust Mid Cap Core AlphaDEX Fund Stock Performance

The company has a market cap of $1.19 billion, a PE ratio of 11.89 and a beta of 1.20. The stock’s 50-day simple moving average is $105.34 and its 200 day simple moving average is $98.44.

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

A number of large investors have recently bought and sold shares of FNX. Tower Research Capital LLC TRC acquired a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the 3rd quarter worth $25,000. Anchor Investment Management LLC acquired a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the 4th quarter worth $29,000. Sandy Spring Bank acquired a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the 3rd quarter worth $36,000. Ancora Advisors LLC acquired a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the 1st quarter worth $37,000. Finally, Global Retirement Partners LLC grew its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 33.0% during the 3rd quarter. Global Retirement Partners LLC now owns 713 shares of the company’s stock worth $64,000 after purchasing an additional 177 shares during the period.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

(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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