First Trust Technology AlphaDEX Fund (NYSEARCA:FXL) Shares Down 0.6%

First Trust Technology AlphaDEX Fund (NYSEARCA:FXL) shares dropped 0.6% during mid-day trading on Thursday . The company traded as low as $129.34 and last traded at $129.73. Approximately 20,224 shares traded hands during trading, a decline of 28% from the average daily volume of 28,039 shares. The stock had previously closed at $130.48.

First Trust Technology AlphaDEX Fund Stock Down 2.2 %

The business has a 50 day moving average price of $134.14 and a 200-day moving average price of $133.32. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 25.10 and a beta of 1.51.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. acquired a new position in shares of First Trust Technology AlphaDEX Fund in the 1st quarter worth approximately $61,000. Zions Bancorporation N.A. acquired a new position in First Trust Technology AlphaDEX Fund in the second quarter worth $123,000. EP Wealth Advisors LLC bought a new stake in First Trust Technology AlphaDEX Fund during the fourth quarter valued at $123,000. Transcendent Capital Group LLC acquired a new stake in shares of First Trust Technology AlphaDEX Fund during the fourth quarter worth $128,000. Finally, Principal Securities Inc. bought a new position in shares of First Trust Technology AlphaDEX Fund in the 4th quarter worth about $144,000.

First Trust Technology AlphaDEX Fund Company Profile

First Trust Technology 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 Technology 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.