First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Shares Up 0.4% – Time to Buy?

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) were up 0.4% during mid-day trading on Thursday . The stock traded as high as $76.36 and last traded at $76.36. Approximately 25,761 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 64,105 shares. The stock had previously closed at $76.07.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 20.05 and a beta of 1.07. The business has a 50-day simple moving average of $79.00 and a two-hundred day simple moving average of $74.17.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Benjamin Edwards Inc. boosted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 7,601.0% in the third quarter. Benjamin Edwards Inc. now owns 194,295 shares of the company’s stock valued at $14,730,000 after purchasing an additional 191,772 shares during the period. Proactive Wealth Strategies LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the third quarter worth about $4,205,000. D.A. Davidson & CO. boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 10.2% in the third quarter. D.A. Davidson & CO. now owns 189,255 shares of the company’s stock valued at $14,338,000 after purchasing an additional 17,447 shares during the last quarter. Schrum Private Wealth Management LLC increased its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 62.0% during the 3rd quarter. Schrum Private Wealth Management LLC now owns 43,044 shares of the company’s stock worth $3,261,000 after purchasing an additional 16,470 shares during the last quarter. Finally, Tudor Financial Inc. acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter valued at approximately $1,154,000.

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.