Per Stirling Makes a Big Mid-Cap Bet -- Adding $4.6 Million in FNX Shares

Per Stirling Capital Management increased its position in the First Trust Mid Cap Core AlphaDEX Fund (FNX) by 34,644 shares during Q1 2026, worth approximately $4.6 million, bringing its total stake to 76,851 shares valued at $9.9 million. FNX has outperformed the S&P 500 by roughly 2 percentage points over the past year, gaining 29%, signaling institutional conviction in mid-cap equities.