First Trust Japan AlphaDEX Fund (NASDAQ:FJP) Stock Price Down 1.2% – What’s Next?

Shares of First Trust Japan AlphaDEX Fund (NASDAQ:FJP – Get Free Report) were down 1.2% during mid-day trading on Wednesday. The stock traded as low as $78.37 and last traded at $78.65. 28,494 shares traded hands during trading, an increase of 154% from the average daily volume of 11,223 shares. The stock had previously closed at $79.58.

First Trust Japan AlphaDEX Fund Stock Down 1.2%

The business has a fifty day moving average price of $77.44 and a 200-day moving average price of $76.23. The company has a market cap of $271.34 million, a P/E ratio of 10.49 and a beta of 0.62.

Institutional Trading of First Trust Japan AlphaDEX Fund

Institutional investors have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC boosted its stake in First Trust Japan AlphaDEX Fund by 2.2% in the first quarter. Sanctuary Advisors LLC now owns 7,510 shares of the company’s stock valued at $545,000 after buying an additional 160 shares in the last quarter. Sound Income Strategies LLC grew its position in First Trust Japan AlphaDEX Fund by 82.3% in the first quarter. Sound Income Strategies LLC now owns 370 shares of the company’s stock valued at $28,000 after acquiring an additional 167 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in First Trust Japan AlphaDEX Fund by 11.4% during the second quarter. Concurrent Investment Advisors LLC now owns 3,169 shares of the company’s stock worth $242,000 after acquiring an additional 324 shares in the last quarter. BlueChip Wealth Advisors LLC raised its stake in First Trust Japan AlphaDEX Fund by 9.6% during the first quarter. BlueChip Wealth Advisors LLC now owns 4,075 shares of the company’s stock worth $296,000 after acquiring an additional 358 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of First Trust Japan AlphaDEX Fund by 10.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,986 shares of the company’s stock worth $304,000 after acquiring an additional 365 shares during the last quarter.

First Trust Japan AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Japan AlphaDEX Fund (FJP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Japan index. The fund tracks a tiered equal-weighted index of Japanese equities selected using both growth and value screens. FJP was launched on Apr 18, 2011 and is managed by First Trust.

Further Reading

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