First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Large Volume Increase – Time to Buy?

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw unusually-strong trading volume on Thursday . Approximately 92,142 shares were traded during trading, an increase of 45% from the previous session’s volume of 63,675 shares.The stock last traded at $75.13 and had previously closed at $74.81.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 20.05 and a beta of 1.07. The business’s 50 day moving average is $78.89 and its 200-day moving average is $74.34.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 68.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,969 shares of the company’s stock worth $225,000 after purchasing an additional 1,209 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter worth about $65,000. Tudor Financial Inc. bought a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at about $1,154,000. Jane Street Group LLC raised its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 34.2% in the 3rd quarter. Jane Street Group LLC now owns 34,996 shares of the company’s stock valued at $2,651,000 after acquiring an additional 8,914 shares in the last quarter. Finally, Harmony Asset Management LLC lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.5% in the 3rd quarter. Harmony Asset Management LLC now owns 23,644 shares of the company’s stock worth $1,791,000 after acquiring an additional 347 shares during the period.

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.