(FNK) First Trust Mid Cap Value - Ratings and Ratios

The First Trust Mid Cap Value AlphaDex® Fund (NASDAQ: FNK) is an exchange-traded fund (ETF) designed to track the performance of the NASDAQ US 600 Mid Cap Value Index, with a focus on value stocks. The fund typically invests at least 90% of its net assets in securities from this index. The AlphaDex® selection methodology is a rules-based approach that evaluates stocks based on factors such as price-to-book ratio, return on assets, and other value-oriented metrics. This methodology aims to enhance risk-adjusted returns compared to traditional mid-cap indices.

The funds technical indicators suggest moderate trading activity and stability. The 20-day moving average (SMA 20) is 53.85, while the 50-day moving average (SMA 50) is 54.04, indicating a slightly upward trend. The 200-day moving average (SMA 200) is 53.35, reflecting longer-term stability. The Average True Range (ATR) of 0.65 signals relatively low volatility, with an average daily volume of 17,254 shares over the past 20 days. The funds last price was 52.60.

From a fundamental perspective, the fund has assets under management (AUM) of $228.08 million, making it a mid-sized ETF in its category. Its focus on mid-cap value stocks positions it to capitalize on undervalued companies within the mid-cap range, potentially offering a balance between growth and stability.