FNY icon

First Trust Mid Cap Growth AlphaDEX Fund

85.11 USD
-0.37
0.43%
Updated Feb 7, 1:17 PM EST
1 day
-0.43%
5 days
3.09%
1 month
4.88%
3 months
0.27%
6 months
19.12%
Year to date
6.06%
1 year
25.36%
5 years
72.04%
10 years
188.61%
0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

2% less capital invested

Capital invested by funds: $263M [Q2] → $258M (-$5.12M) [Q3]

1% less funds holding

Funds holding: 94 [Q2] → 93 (-1) [Q3]

8.28% less ownership

Funds ownership: 79.52% [Q2] → 71.24% (-8.28%) [Q3]

44% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 41

Research analyst outlook

We haven’t received any recent analyst ratings for FNY.

Financial journalist opinion

Based on 3 articles about FNY published over the past 30 days

Positive
Seeking Alpha
13 hours ago
FNY: Dynamic Mid Cap Growth ETF Designed To Pick Low Quality Stocks
FNY is a mid-cap growth fund that selects 225 securities with strong growth characteristics and weak value features. Its expense ratio is 0.70% and FNY has $428 million in AUM. A return on assets is counted as a value screen, and as a result, FNY's Index systematically excludes these high-quality stocks. I view this as a serious flaw. However, there's no denying that FNY's growth features are terrific. I calculated 14.34% and 19.39% one-year estimated sales and earnings growth rates. Its 25.02x forward P/E ratio is also solid.
FNY: Dynamic Mid Cap Growth ETF Designed To Pick Low Quality Stocks
Neutral
Zacks Investment Research
1 week ago
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
Designed to provide broad exposure to the Mid Cap Growth segment of the US equity market, the First Trust Mid Cap Growth AlphaDEX ETF (FNY) is a passively managed exchange traded fund launched on 04/19/2011.
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
Neutral
Zacks Investment Research
4 weeks ago
Is First Trust Mid Cap Growth AlphaDEX ETF (FNY) a Strong ETF Right Now?
Launched on 04/19/2011, the First Trust Mid Cap Growth AlphaDEX ETF (FNY) is a smart beta exchange traded fund offering broad exposure to the Style Box - Mid Cap Growth category of the market.
Is First Trust Mid Cap Growth AlphaDEX ETF (FNY) a Strong ETF Right Now?
Neutral
Zacks Investment Research
2 months ago
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
Looking for broad exposure to the Mid Cap Growth segment of the US equity market? You should consider the First Trust Mid Cap Growth AlphaDEX ETF (FNY), a passively managed exchange traded fund launched on 04/19/2011.
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
Neutral
Zacks Investment Research
3 months ago
Is First Trust Mid Cap Growth AlphaDEX ETF (FNY) a Strong ETF Right Now?
Launched on 04/19/2011, the First Trust Mid Cap Growth AlphaDEX ETF (FNY) is a smart beta exchange traded fund offering broad exposure to the Style Box - Mid Cap Growth category of the market.
Is First Trust Mid Cap Growth AlphaDEX ETF (FNY) a Strong ETF Right Now?
Negative
Zacks Investment Research
3 months ago
Are Mid-Cap ETFs Better Bets Now?
Thanks to an improving U.S. economy and reassuring earnings released so far, market sentiments remain strong, overriding worries over the presidential election, uncertainty regarding the magnitude and timing of Fed rate cuts, and volatility in the oil patch due to geopolitical tensions. Stimulus measures in China also supported the rally as this quelled global growth worries a bit.
Are Mid-Cap ETFs Better Bets Now?
Neutral
Zacks Investment Research
4 months ago
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
Designed to provide broad exposure to the Mid Cap Growth segment of the US equity market, the First Trust Mid Cap Growth AlphaDEX ETF (FNY) is a passively managed exchange traded fund launched on 04/19/2011.
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
Neutral
Zacks Investment Research
5 months ago
Is First Trust Mid Cap Growth AlphaDEX ETF (FNY) a Strong ETF Right Now?
The First Trust Mid Cap Growth AlphaDEX ETF (FNY) made its debut on 04/19/2011, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Mid Cap Growth category of the market.
Is First Trust Mid Cap Growth AlphaDEX ETF (FNY) a Strong ETF Right Now?
Neutral
Zacks Investment Research
6 months ago
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
The First Trust Mid Cap Growth AlphaDEX ETF (FNY) was launched on 04/19/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Growth segment of the US equity market.
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
Neutral
Zacks Investment Research
8 months ago
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
Designed to provide broad exposure to the Mid Cap Growth segment of the US equity market, the First Trust Mid Cap Growth AlphaDEX ETF (FNY) is a passively managed exchange traded fund launched on 04/19/2011.
Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?
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