First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sees Large Volume Increase – What’s Next?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares saw an uptick in trading volume on Friday . 32,986 shares were traded during trading, a decline of 8% from the previous session’s volume of 35,860 shares.The stock last traded at $129.2460 and had previously closed at $129.30.

First Trust Health Care AlphaDEX Fund Stock Performance

The business has a fifty day moving average of $129.05 and a 200-day moving average of $119.04. The company has a market capitalization of $1.07 billion, a P/E ratio of 16.75 and a beta of 0.73.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FXH. Allied Private Wealth LLC acquired a new position in shares of First Trust Health Care AlphaDEX Fund during the second quarter valued at about $37,000. Advisory Services Network LLC acquired a new stake in shares of First Trust Health Care AlphaDEX Fund in the 3rd quarter worth about $42,000. O Shaughnessy Asset Management LLC raised its holdings in shares of First Trust Health Care AlphaDEX Fund by 1,145.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock worth $57,000 after acquiring an additional 458 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in First Trust Health Care AlphaDEX Fund by 1,822.7% in the 2nd quarter. Smartleaf Asset Management LLC now owns 846 shares of the company’s stock valued at $87,000 after acquiring an additional 802 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in First Trust Health Care AlphaDEX Fund during the 4th quarter valued at about $125,000.

About First Trust Health Care AlphaDEX Fund

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.