First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Trading Down 0.5% – Time to Sell?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was down 0.5% on Thursday . The company traded as low as $70.60 and last traded at $71.03. Approximately 51,387 shares were traded during trading, a decline of 10% from the average daily volume of 56,789 shares. The stock had previously closed at $71.38.

First Trust Industrials/Producer Durables AlphaDEX Fund Price Performance

The business has a 50-day moving average of $74.49 and a two-hundred day moving average of $76.29. The company has a market cap of $1.74 billion, a P/E ratio of 20.03 and a beta of 1.22.

First Trust Industrials/Producer Durables AlphaDEX Fund Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $0.1107 dividend. The ex-dividend date is Thursday, March 27th.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter worth approximately $62,000. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter valued at $65,000. Sunbelt Securities Inc. raised its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 511.4% in the 4th quarter. Sunbelt Securities Inc. now owns 1,443 shares of the company’s stock worth $108,000 after acquiring an additional 1,207 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter valued at about $120,000. Finally, Advisors Preferred LLC acquired a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the fourth quarter valued at $148,000.

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.