Shares of First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $127.77 and last traded at $127.5610, with a volume of 9756 shares changing hands. The stock had previously closed at $125.11.
First Trust Health Care AlphaDEX Fund Trading Up 1.9%
The company has a 50-day simple moving average of $119.39 and a 200 day simple moving average of $115.33. The firm has a market cap of $1.05 billion, a PE ratio of 16.75 and a beta of 0.73.
Hedge Funds Weigh In On First Trust Health Care AlphaDEX Fund
Large investors have recently made changes to their positions in the company. Arkadios Wealth Advisors increased its holdings in First Trust Health Care AlphaDEX Fund by 8.4% in the fourth quarter. Arkadios Wealth Advisors now owns 5,944 shares of the company’s stock valued at $677,000 after buying an additional 461 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of First Trust Health Care AlphaDEX Fund during the 1st quarter worth about $871,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust Health Care AlphaDEX Fund by 3.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 8,257 shares of the company’s stock worth $906,000 after acquiring an additional 303 shares in the last quarter. Morgan Stanley boosted its stake in shares of First Trust Health Care AlphaDEX Fund by 1.2% during the 4th quarter. Morgan Stanley now owns 1,004,142 shares of the company’s stock worth $114,293,000 after acquiring an additional 11,576 shares in the last quarter. Finally, MML Investors Services LLC grew its position in shares of First Trust Health Care AlphaDEX Fund by 5.2% during the 4th quarter. MML Investors Services LLC now owns 9,367 shares of the company’s stock valued at $1,066,000 after acquiring an additional 462 shares during the period.
First Trust Health Care AlphaDEX Fund Company Profile
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.
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