First Trust Technology AlphaDEX Fund (NYSEARCA:FXL) Shares Down 0.4% – What’s Next?

First Trust Technology AlphaDEX Fund (NYSEARCA:FXL)’s share price traded down 0.4% during mid-day trading on Monday . The company traded as low as $148.65 and last traded at $150.51. 13,311 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 23,910 shares. The stock had previously closed at $151.12.

First Trust Technology AlphaDEX Fund Trading Down 0.4%

The stock’s 50-day moving average price is $134.22 and its 200-day moving average price is $145.55. The company has a market capitalization of $1.33 billion, a P/E ratio of 23.89 and a beta of 1.20.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Jane Street Group LLC lifted its position in shares of First Trust Technology AlphaDEX Fund by 20.4% in the 1st quarter. Jane Street Group LLC now owns 13,123 shares of the company’s stock worth $1,736,000 after buying an additional 2,220 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of First Trust Technology AlphaDEX Fund by 565.5% in the 1st quarter. Jones Financial Companies Lllp now owns 45,533 shares of the company’s stock worth $6,022,000 after buying an additional 38,691 shares during the last quarter. Royal Bank of Canada lifted its position in shares of First Trust Technology AlphaDEX Fund by 7.8% in the 1st quarter. Royal Bank of Canada now owns 67,603 shares of the company’s stock worth $8,941,000 after buying an additional 4,878 shares during the last quarter. Betterment LLC bought a new stake in First Trust Technology AlphaDEX Fund in the 1st quarter valued at about $349,000. Finally, Alamea Verwaltungs GmbH bought a new stake in First Trust Technology AlphaDEX Fund in the 1st quarter valued at about $451,000.

First Trust Technology AlphaDEX Fund Company Profile

First Trust Technology 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 StrataQuant Technology Index (the Index). The 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.