First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 14,565 shares, a decrease of 35.3% from the April 15th total of 22,515 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 19,072 shares, the short-interest ratio is presently 0.8 days.
First Trust Health Care AlphaDEX Fund Stock Performance
Shares of First Trust Health Care AlphaDEX Fund stock opened at $113.58 on Wednesday. The firm has a 50-day simple moving average of $111.14 and a two-hundred day simple moving average of $113.49. The company has a market cap of $880.25 million, a P/E ratio of 16.75 and a beta of 0.75. First Trust Health Care AlphaDEX Fund has a fifty-two week low of $97.52 and a fifty-two week high of $120.34.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Advisory Services Network LLC acquired a new position in shares of First Trust Health Care AlphaDEX Fund during the 3rd quarter worth about $42,000. Founders Financial Alliance LLC acquired a new position in shares of First Trust Health Care AlphaDEX Fund during the 3rd quarter worth about $55,000. O Shaughnessy Asset Management LLC raised its position in shares of First Trust Health Care AlphaDEX Fund by 1,145.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock worth $57,000 after purchasing an additional 458 shares during the last quarter. Ameriflex Group Inc. raised its position in shares of First Trust Health Care AlphaDEX Fund by 322.4% during the 3rd quarter. Ameriflex Group Inc. now owns 642 shares of the company’s stock worth $70,000 after purchasing an additional 490 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of First Trust Health Care AlphaDEX Fund by 1,822.7% during the 2nd quarter. Smartleaf Asset Management LLC now owns 846 shares of the company’s stock worth $87,000 after purchasing an additional 802 shares during the last quarter.
About First Trust Health Care AlphaDEX Fund
The First Trust Health Care AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Health Care Index. The StrataQuant Health Care Index is an index developed, maintained and sponsored by the NYSE Group, Inc or its affiliates (NYSE), which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.
See Also
- Five stocks we like better than First Trust Health Care AlphaDEX Fund
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Receive News & Ratings for First Trust Health Care AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Health Care AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.
