First Trust Technology AlphaDEX Fund (NYSEARCA:FXL – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 34,593 shares traded hands during trading, an increase of 87% from the previous session’s volume of 18,496 shares.The stock last traded at $209.4040 and had previously closed at $208.49.
First Trust Technology AlphaDEX Fund Trading Up 0.2%
The stock has a 50-day moving average price of $198.17 and a two-hundred day moving average price of $178.59. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 21.63 and a beta of 1.24.
Institutional Investors Weigh In On First Trust Technology AlphaDEX Fund
Several institutional investors have recently added to or reduced their stakes in FXL. OLD National Bancorp IN grew its stake in shares of First Trust Technology AlphaDEX Fund by 2.5% during the first quarter. OLD National Bancorp IN now owns 2,390 shares of the company’s stock worth $380,000 after acquiring an additional 59 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its position in shares of First Trust Technology AlphaDEX Fund by 0.8% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 7,192 shares of the company’s stock valued at $1,210,000 after purchasing an additional 60 shares during the last quarter. Retirement Planning Group LLC boosted its stake in First Trust Technology AlphaDEX Fund by 0.7% in the 1st quarter. Retirement Planning Group LLC now owns 9,511 shares of the company’s stock worth $1,511,000 after purchasing an additional 62 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its stake in First Trust Technology AlphaDEX Fund by 4.7% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,602 shares of the company’s stock worth $270,000 after purchasing an additional 72 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in First Trust Technology AlphaDEX Fund by 16.6% in the 4th quarter. Assetmark Inc. now owns 652 shares of the company’s stock worth $110,000 after purchasing an additional 93 shares in the last quarter.
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. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.
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