First Trust China AlphaDEX Fund (NASDAQ:FCA) Stock Price Down 0.8% – Should You Sell?

First Trust China AlphaDEX Fund (NASDAQ:FCA) fell 0.8% during mid-day trading on Thursday . The company traded as low as $19.09 and last traded at $19.17. 147,799 shares changed hands during mid-day trading, an increase of 177% from the average session volume of 53,430 shares. The stock had previously closed at $19.33.

First Trust China AlphaDEX Fund Price Performance

The business has a 50 day simple moving average of $19.85 and a 200 day simple moving average of $19.62. The company has a market capitalization of $45.05 million, a price-to-earnings ratio of 4.20 and a beta of 0.57.

First Trust China AlphaDEX Fund Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.022 per share. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On First Trust China AlphaDEX Fund

An institutional investor recently bought a new position in First Trust China AlphaDEX Fund stock. Integrated Wealth Concepts LLC acquired a new stake in First Trust China AlphaDEX Fund (NASDAQ:FCA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,120 shares of the company’s stock, valued at approximately $276,000. Integrated Wealth Concepts LLC owned 2.92% of First Trust China AlphaDEX Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

About First Trust China AlphaDEX Fund

The First Trust China AlphaDEX Fund (FCA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX China index. The fund tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors. FCA was launched on Apr 18, 2011 and is managed by First Trust.