IFP Advisors Inc lessened its stake in shares of 1st Tr MULTI Ca/COM (NASDAQ:FAD) by 26.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 40,032 shares of the company’s stock after selling 14,731 shares during the period. IFP Advisors Inc’s holdings in 1st Tr MULTI Ca/COM were worth $3,079,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of FAD. Raymond James Financial Services Advisors Inc. raised its stake in 1st Tr MULTI Ca/COM by 249.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 152,887 shares of the company’s stock worth $11,032,000 after buying an additional 109,179 shares in the last quarter. Wechter Feldman Wealth Management Inc. bought a new position in 1st Tr MULTI Ca/COM in the second quarter worth approximately $9,025,000. UBS Group AG raised its stake in 1st Tr MULTI Ca/COM by 6.5% in the first quarter. UBS Group AG now owns 55,894 shares of the company’s stock worth $3,797,000 after buying an additional 3,422 shares in the last quarter. Cornerstone Wealth Management LLC bought a new position in 1st Tr MULTI Ca/COM in the second quarter worth approximately $589,000. Finally, Jane Street Group LLC raised its stake in 1st Tr MULTI Ca/COM by 637.8% in the second quarter. Jane Street Group LLC now owns 42,385 shares of the company’s stock worth $3,058,000 after buying an additional 36,640 shares in the last quarter.
Shares of FAD stock traded up $1.21 during trading hours on Tuesday, reaching $66.51. 2,655 shares of the company’s stock were exchanged, compared to its average volume of 13,499. 1st Tr MULTI Ca/COM has a fifty-two week low of $62.52 and a fifty-two week high of $77.78.
First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.
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Want to see what other hedge funds are holding FAD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for 1st Tr MULTI Ca/COM (NASDAQ:FAD).
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