First Trust Financial AlphaDEX Fund (NYSEARCA:FXO – Get Free Report) shares were down 0.6% on Tuesday . The stock traded as low as $52.59 and last traded at $52.74. Approximately 136,875 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 212,748 shares. The stock had previously closed at $53.08.
First Trust Financial AlphaDEX Fund Trading Down 0.6 %
The firm has a market capitalization of $2.14 billion, a PE ratio of 12.35 and a beta of 1.16. The firm has a 50-day moving average of $54.98 and a two-hundred day moving average of $54.24.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC purchased a new position in First Trust Financial AlphaDEX Fund in the fourth quarter valued at about $296,000. B. Riley Wealth Advisors Inc. raised its position in First Trust Financial AlphaDEX Fund by 350.5% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 26,002 shares of the company’s stock valued at $1,407,000 after purchasing an additional 20,230 shares during the period. Armis Advisers LLC purchased a new position in First Trust Financial AlphaDEX Fund in the fourth quarter valued at about $219,000. WCG Wealth Advisors LLC purchased a new position in First Trust Financial AlphaDEX Fund in the fourth quarter valued at about $6,563,000. Finally, GTS Securities LLC raised its position in First Trust Financial AlphaDEX Fund by 122.3% in the fourth quarter. GTS Securities LLC now owns 50,094 shares of the company’s stock valued at $2,712,000 after purchasing an additional 27,556 shares during the period.
First Trust Financial AlphaDEX Fund Company Profile
First Trust Financials AlphaDEX Fund (the Fund) is an exchange-traded fund. It seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Financials Index (the Index). The StrataQuant Financials 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.
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