Shares of First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH – Get Free Report) saw unusually-strong trading volume on Thursday. 65,744 shares were traded during trading, an increase of 76% from the previous session’s volume of 37,425 shares. The stock last traded at $126.8610 and had previously closed at $128.80.
First Trust Health Care AlphaDEX Fund Stock Performance
The company’s 50 day moving average price is $131.43 and its 200-day moving average price is $121.55. The stock has a market cap of $1.11 billion, a P/E ratio of 16.75 and a beta of 0.72.
Institutional Investors Weigh In On First Trust Health Care AlphaDEX Fund
A number of institutional investors have recently added to or reduced their stakes in FXH. Vivaldi Capital Management LP lifted its holdings in First Trust Health Care AlphaDEX Fund by 18.4% during the first quarter. Vivaldi Capital Management LP now owns 3,378 shares of the company’s stock worth $371,000 after acquiring an additional 524 shares during the period. Petra Financial Advisors Inc. bought a new position in First Trust Health Care AlphaDEX Fund in the 1st quarter valued at $218,000. Parallel Advisors LLC grew its stake in First Trust Health Care AlphaDEX Fund by 586.0% in the 1st quarter. Parallel Advisors LLC now owns 1,372 shares of the company’s stock valued at $151,000 after purchasing an additional 1,172 shares during the period. Assetmark Inc. increased its position in shares of First Trust Health Care AlphaDEX Fund by 21.0% during the 1st quarter. Assetmark Inc. now owns 16,897 shares of the company’s stock valued at $1,855,000 after purchasing an additional 2,927 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of First Trust Health Care AlphaDEX Fund by 6.4% during the 1st quarter. Sanctuary Advisors LLC now owns 12,838 shares of the company’s stock valued at $1,409,000 after purchasing an additional 774 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.
Featured Articles
- Five stocks we like better than First Trust Health Care AlphaDEX Fund
- This Space ETF Offers SpaceX Exposure—But Investors Are Paying for the Volatilit
- Does Lemonade’s Growth Signal Profits Ahead?
- These 3 ETFs Could Benefit From the Parts of Inflation That Won’t Go Away
- Why Light Is the New AI Bottleneck—And 3 Photonics Stocks to Play It
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.
