11,086 Shares in First Trust Mid Cap Value AlphaDEX Fund (FNK) Acquired by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. purchased a new position in First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 11,086 shares of the company’s stock, valued at approximately $338,000. Raymond James Financial Services Advisors Inc. owned approximately 0.67% of First Trust Mid Cap Value AlphaDEX Fund at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its stake in shares of First Trust Mid Cap Value AlphaDEX Fund by 22.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 25,460 shares of the company’s stock worth $775,000 after acquiring an additional 4,667 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of First Trust Mid Cap Value AlphaDEX Fund by 431.2% during the fourth quarter. Raymond James & Associates now owns 42,076 shares of the company’s stock worth $1,281,000 after buying an additional 34,155 shares in the last quarter. Econ Financial Services Corp acquired a new stake in shares of First Trust Mid Cap Value AlphaDEX Fund during the fourth quarter worth $203,000. Benjamin F. Edwards & Company Inc. increased its position in shares of First Trust Mid Cap Value AlphaDEX Fund by 44.0% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 37,309 shares of the company’s stock worth $1,136,000 after purchasing an additional 11,396 shares during the period. Finally, Morgan Stanley boosted its stake in shares of First Trust Mid Cap Value AlphaDEX Fund by 2.4% during the third quarter. Morgan Stanley now owns 218,418 shares of the company’s stock valued at $8,040,000 after purchasing an additional 5,142 shares in the last quarter.

Shares of First Trust Mid Cap Value AlphaDEX Fund stock traded up $0.11 during midday trading on Wednesday, reaching $36.08. The company had a trading volume of 496 shares, compared to its average volume of 8,286. First Trust Mid Cap Value AlphaDEX Fund has a fifty-two week low of $28.81 and a fifty-two week high of $37.99.

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 22nd were issued a dividend of $0.0321 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.13 annualized dividend and a yield of 0.36%.

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Institutional Ownership by Quarter for First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK)

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