Shares of First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH – Get Free Report) saw an uptick in trading volume on Thursday . 71,308 shares traded hands during mid-day trading, an increase of 110% from the previous session’s volume of 34,037 shares.The stock last traded at $135.0950 and had previously closed at $135.09.
First Trust Health Care AlphaDEX Fund Price Performance
The company’s 50-day simple moving average is $126.26 and its 200-day simple moving average is $117.65. The stock has a market capitalization of $1.11 billion, a P/E ratio of 16.75 and a beta of 0.73.
Institutional Investors Weigh In On First Trust Health Care AlphaDEX Fund
A number of institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of First Trust Health Care AlphaDEX Fund by 14,737.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,225,142 shares of the company’s stock valued at $139,446,000 after acquiring an additional 1,216,885 shares during the period. Perryman Financial Advisory Inc. AD bought a new stake in First Trust Health Care AlphaDEX Fund in the 4th quarter valued at about $8,277,000. Bank of America Corp DE boosted its holdings in First Trust Health Care AlphaDEX Fund by 21.1% in the 3rd quarter. Bank of America Corp DE now owns 312,581 shares of the company’s stock valued at $34,281,000 after purchasing an additional 54,400 shares during the period. Corient Private Wealth LLC grew its position in shares of First Trust Health Care AlphaDEX Fund by 570.8% during the 2nd quarter. Corient Private Wealth LLC now owns 30,990 shares of the company’s stock worth $3,213,000 after purchasing an additional 26,370 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of First Trust Health Care AlphaDEX Fund by 19.4% during the 1st quarter. Royal Bank of Canada now owns 78,075 shares of the company’s stock worth $8,570,000 after purchasing an additional 12,680 shares in the last quarter.
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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