First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Shares Up 0.4% – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH)’s share price was up 0.4% during trading on Thursday . The company traded as high as $106.13 and last traded at $106.01. Approximately 24,349 shares changed hands during trading, a decline of 15% from the average daily volume of 28,615 shares. The stock had previously closed at $105.59.

First Trust Health Care AlphaDEX Fund Stock Down 0.4 %

The firm has a market cap of $1.26 billion, a P/E ratio of 19.31 and a beta of 0.76. The firm’s fifty day moving average is $108.51 and its two-hundred day moving average is $108.72.

Institutional Investors Weigh In On First Trust Health Care AlphaDEX Fund

Hedge funds have recently made changes to their positions in the company. Valley Wealth Managers Inc. purchased a new position in shares of First Trust Health Care AlphaDEX Fund in the 3rd quarter worth $26,000. Truvestments Capital LLC purchased a new stake in First Trust Health Care AlphaDEX Fund during the third quarter valued at approximately $90,000. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust Health Care AlphaDEX Fund in the 3rd quarter worth approximately $126,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of First Trust Health Care AlphaDEX Fund by 10.4% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,616 shares of the company’s stock worth $181,000 after purchasing an additional 152 shares during the period. Finally, Brookstone Capital Management bought a new position in shares of First Trust Health Care AlphaDEX Fund during the 3rd quarter valued at approximately $202,000.

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.