First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Trading Up 0.2% – What’s Next?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares shot up 0.2% during mid-day trading on Monday . The stock traded as high as $108.41 and last traded at $108.11. 35,098 shares changed hands during trading, a decline of 25% from the average session volume of 46,663 shares. The stock had previously closed at $107.91.

First Trust Health Care AlphaDEX Fund Stock Performance

The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 19.31 and a beta of 0.76. The firm has a 50-day simple moving average of $107.60 and a two-hundred day simple moving average of $108.95.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Valley Wealth Managers Inc. purchased a new stake in shares of First Trust Health Care AlphaDEX Fund during the third quarter worth $26,000. Truvestments Capital LLC purchased a new stake in First Trust Health Care AlphaDEX Fund during the 3rd quarter worth about $90,000. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Health Care AlphaDEX Fund in the 3rd quarter valued at about $126,000. Creative Financial Designs Inc. ADV boosted its stake in shares of First Trust Health Care AlphaDEX Fund by 10.4% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,616 shares of the company’s stock valued at $181,000 after buying an additional 152 shares during the period. Finally, Brookstone Capital Management acquired a new position in shares of First Trust Health Care AlphaDEX Fund during the third quarter worth about $202,000.

About First Trust Health Care AlphaDEX Fund

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.