First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sets New 12-Month High – What’s Next?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $83.26 and last traded at $83.23, with a volume of 1677 shares trading hands. The stock had previously closed at $82.15.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 1.4 %

The stock’s 50-day moving average price is $77.08 and its 200-day moving average price is $72.58. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 20.05 and a beta of 1.07.

Hedge Funds Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

Several hedge funds have recently bought and sold shares of FXR. Atomi Financial Group Inc. lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 11.3% in the 2nd quarter. Atomi Financial Group Inc. now owns 8,404 shares of the company’s stock worth $572,000 after purchasing an additional 854 shares during the period. Raymond James & Associates lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% during the 2nd quarter. Raymond James & Associates now owns 333,362 shares of the company’s stock valued at $22,689,000 after acquiring an additional 44,297 shares during the period. Secure Asset Management LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 2nd quarter valued at $862,000. Private Advisory Group LLC lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 199.7% during the 2nd quarter. Private Advisory Group LLC now owns 20,279 shares of the company’s stock valued at $1,380,000 after acquiring an additional 13,513 shares during the period. Finally, Well Done LLC lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 30.4% during the 2nd quarter. Well Done LLC now owns 12,135 shares of the company’s stock valued at $826,000 after acquiring an additional 2,830 shares during the period.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

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.