First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Stock Price Up 0.5% – Here’s What Happened

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR)’s share price was up 0.5% on Monday. The stock traded as high as $84.53 and last traded at $84.30. Approximately 43,268 shares were traded during trading, a decline of 8% from the average session volume of 47,170 shares. The stock had previously closed at $83.90.

First Trust Industrials/Producer Durables AlphaDEX Fund Price Performance

The stock has a 50-day moving average price of $84.83 and a 200-day moving average price of $86.61. The firm has a market capitalization of $695.48 million, a PE ratio of 17.44 and a beta of 1.07.

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

A number of hedge funds have recently bought and sold shares of FXR. Trueblood Wealth Management LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth approximately $353,000. Prime Capital Investment Advisors LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter valued at approximately $236,000. IFP Advisors Inc purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter valued at approximately $471,000. Purus Wealth Management LLC purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter valued at approximately $1,786,000. Finally, MinichMacGregor Wealth Management LLC purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter valued at approximately $237,000.

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. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one year-sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.