First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Hits New 52-Week Low – Should You Sell?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $97.91 and last traded at $98.29, with a volume of 3482 shares traded. The stock had previously closed at $101.68.

First Trust Health Care AlphaDEX Fund Stock Down 4.2 %

The firm has a market cap of $910.34 million, a PE ratio of 15.95 and a beta of 0.78. The business has a 50-day moving average price of $106.80 and a two-hundred day moving average price of $108.06.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in shares of First Trust Health Care AlphaDEX Fund in the 4th quarter valued at $42,000. Ameriflex Group Inc. acquired a new stake in First Trust Health Care AlphaDEX Fund in the fourth quarter valued at $50,000. Synergy Investment Management LLC purchased a new stake in First Trust Health Care AlphaDEX Fund during the 4th quarter worth about $56,000. Tucker Asset Management LLC boosted its position in shares of First Trust Health Care AlphaDEX Fund by 16.8% during the 4th quarter. Tucker Asset Management LLC now owns 710 shares of the company’s stock worth $74,000 after acquiring an additional 102 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in shares of First Trust Health Care AlphaDEX Fund by 60.2% in the 4th quarter. Sunbelt Securities Inc. now owns 828 shares of the company’s stock valued at $86,000 after acquiring an additional 311 shares during the last quarter.

First Trust Health Care AlphaDEX Fund Company Profile

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.