First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 25,656 shares, a decline of 35.6% from the July 30th total of 39,868 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 18,208 shares, the days-to-cover ratio is currently 1.4 days.
First Trust Industrials/Producer Durables AlphaDEX Fund Trading Down 1.6%
Shares of FXR traded down $1.38 during mid-day trading on Tuesday, hitting $85.30. The company’s stock had a trading volume of 33,034 shares, compared to its average volume of 51,256. The company’s 50-day moving average is $89.54 and its 200-day moving average is $87.40. The firm has a market capitalization of $712.25 million, a price-to-earnings ratio of 17.44 and a beta of 1.08. First Trust Industrials/Producer Durables AlphaDEX Fund has a 52-week low of $73.08 and a 52-week high of $92.78.
Institutional Investors Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund
Institutional investors have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter worth $57,000. Hilton Head Capital Partners LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the fourth quarter worth about $61,000. Compass Financial Management LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 2nd quarter worth approximately $62,000. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock valued at $74,000 after buying an additional 133 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 1st quarter worth $146,000.
About First Trust Industrials/Producer Durables AlphaDEX Fund
First Trust Industrials/Producer Durables 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 Industrials 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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