First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) Sees Strong Trading Volume

First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) saw unusually-strong trading volume on Tuesday . Approximately 115,743 shares traded hands during trading, an increase of 31% from the previous session’s volume of 88,488 shares.The stock last traded at $45.77 and had previously closed at $45.49.

First Trust Financial AlphaDEX Fund Trading Down 0.8 %

The stock has a market cap of $844.77 million, a PE ratio of 12.24 and a beta of 1.14. The firm has a fifty day simple moving average of $45.43 and a two-hundred day simple moving average of $42.43.

Institutional Investors Weigh In On First Trust Financial AlphaDEX Fund

Large investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC raised its position in First Trust Financial AlphaDEX Fund by 3.9% in the 1st quarter. Global Retirement Partners LLC now owns 6,659 shares of the company’s stock worth $316,000 after purchasing an additional 253 shares during the period. Lincoln National Corp lifted its stake in shares of First Trust Financial AlphaDEX Fund by 0.7% in the 3rd quarter. Lincoln National Corp now owns 49,510 shares of the company’s stock valued at $1,873,000 after acquiring an additional 331 shares during the last quarter. Bison Wealth LLC boosted its holdings in First Trust Financial AlphaDEX Fund by 6.0% during the 4th quarter. Bison Wealth LLC now owns 6,197 shares of the company’s stock valued at $268,000 after acquiring an additional 351 shares during the period. Daymark Wealth Partners LLC grew its position in First Trust Financial AlphaDEX Fund by 1.7% during the 4th quarter. Daymark Wealth Partners LLC now owns 28,795 shares of the company’s stock worth $1,247,000 after acquiring an additional 470 shares during the last quarter. Finally, HF Advisory Group LLC boosted its stake in shares of First Trust Financial AlphaDEX Fund by 3.3% during the fourth quarter. HF Advisory Group LLC now owns 14,989 shares of the company’s stock valued at $649,000 after purchasing an additional 473 shares during the period.

First Trust Financial AlphaDEX Fund Company Profile

First Trust Financials AlphaDEX Fund (the Fund) is an exchange-traded fund. It seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Financials Index (the Index). The StrataQuant Financials Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.