First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sees Strong Trading Volume – Here’s What Happened

Shares of First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) saw strong trading volume on Monday . 31,457 shares changed hands during trading, an increase of 21% from the previous session’s volume of 26,088 shares.The stock last traded at $122.5540 and had previously closed at $122.92.

First Trust Health Care AlphaDEX Fund Stock Performance

The firm has a fifty day moving average price of $114.94 and a 200 day moving average price of $114.02. The company has a market cap of $947.17 million, a price-to-earnings ratio of 16.75 and a beta of 0.75.

Institutional Trading of First Trust Health Care AlphaDEX Fund

Large investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new position in shares of First Trust Health Care AlphaDEX Fund in the 3rd quarter valued at 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 valued at $57,000 after purchasing an additional 458 shares during the period. Ameriflex Group Inc. raised its holdings in shares of First Trust Health Care AlphaDEX Fund by 322.4% in the 3rd quarter. Ameriflex Group Inc. now owns 642 shares of the company’s stock valued at $70,000 after purchasing an additional 490 shares during the period. Smartleaf Asset Management LLC lifted its stake 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 purchasing an additional 802 shares during the last quarter. Finally, NBC Securities Inc. lifted its stake in First Trust Health Care AlphaDEX Fund by 18.8% in the 4th quarter. NBC Securities Inc. now owns 867 shares of the company’s stock valued at $99,000 after purchasing an additional 137 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.