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

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) shares were up 0.4% during mid-day trading on Thursday . The stock traded as high as $79.93 and last traded at $79.81. Approximately 32,422 shares changed hands during trading, a decline of 56% from the average daily volume of 73,830 shares. The stock had previously closed at $79.50.

First Trust Industrials/Producer Durables AlphaDEX Fund Trading Down 0.3 %

The firm has a market cap of $2.18 billion, a PE ratio of 20.05 and a beta of 1.07. The stock’s 50 day moving average price is $78.41 and its 200 day moving average price is $75.33.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Focused Wealth Management Inc acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the third quarter worth about $35,000. GAMMA Investing LLC bought a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at approximately $50,000. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the third quarter worth $65,000. Prime Capital Investment Advisors LLC bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter valued at about $201,000. Finally, Worth Financial Advisory Group LLC bought a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at approximately $203,000.

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.