First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Reaches New 1-Year Low – What’s Next?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR)’s stock price reached a new 52-week low on Thursday . The stock traded as low as $66.25 and last traded at $66.69, with a volume of 26544 shares trading hands. The stock had previously closed at $71.10.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

The company has a 50-day moving average of $73.95 and a 200-day moving average of $76.30. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 20.03 and a beta of 1.22.

First Trust Industrials/Producer Durables AlphaDEX Fund Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.1107 per share. The ex-dividend date was Thursday, March 27th.

Hedge Funds Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FXR. FMR LLC lifted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.7% in the 3rd quarter. FMR LLC now owns 3,893 shares of the company’s stock valued at $295,000 after acquiring an additional 529 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 0.7% in the third quarter. Rockefeller Capital Management L.P. now owns 34,600 shares of the company’s stock worth $2,621,000 after purchasing an additional 230 shares in the last quarter. Jane Street Group LLC boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 34.2% during the third quarter. Jane Street Group LLC now owns 34,996 shares of the company’s stock worth $2,651,000 after purchasing an additional 8,914 shares during the last quarter. Tudor Financial Inc. bought a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the third quarter valued at $1,154,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter valued at $65,000.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

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.