First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Unusually-High Trading Volume – Still a Buy?

by · The Cerbat Gem

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 97,239 shares were traded during trading, an increase of 28% from the previous session’s volume of 75,920 shares.The stock last traded at $79.0010 and had previously closed at $78.43.

First Trust Industrials/Producer Durables AlphaDEX Fund Price Performance

The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 17.44 and a beta of 1.16. The company’s fifty day moving average price is $77.66 and its 200-day moving average price is $76.83.

Institutional Investors Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

Large investors have recently made changes to their positions in the stock. Mather Group LLC. acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth approximately $27,000. GAMMA Investing LLC acquired a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the 2nd quarter valued at $30,000. Providence Capital Advisors LLC acquired a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter worth about $30,000. Twin Peaks Wealth Advisors LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 2nd quarter valued at about $39,000. Finally, Ameriflex Group Inc. acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter valued at about $40,000.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

(Get Free Report)

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.

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