First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sees Strong Trading Volume – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) saw strong trading volume on Tuesday . 34,562 shares were traded during mid-day trading, an increase of 26% from the previous session’s volume of 27,330 shares.The stock last traded at $114.9150 and had previously closed at $115.07.

First Trust Health Care AlphaDEX Fund Stock Down 0.2%

The stock has a market cap of $942.10 million, a PE ratio of 16.75 and a beta of 0.78. The stock’s fifty day moving average price is $113.83 and its 200 day moving average price is $108.50.

Institutional Trading of First Trust Health Care AlphaDEX Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Jacobi Capital Management LLC lifted its holdings in shares of First Trust Health Care AlphaDEX Fund by 1.6% during the first quarter. Jacobi Capital Management LLC now owns 7,085 shares of the company’s stock valued at $734,000 after purchasing an additional 109 shares in the last quarter. Vivaldi Capital Management LP raised its position in First Trust Health Care AlphaDEX Fund by 4.4% in the 3rd quarter. Vivaldi Capital Management LP now owns 2,575 shares of the company’s stock worth $282,000 after buying an additional 109 shares during the last quarter. Insight Advisors LLC PA lifted its stake in First Trust Health Care AlphaDEX Fund by 3.0% during the 3rd quarter. Insight Advisors LLC PA now owns 3,789 shares of the company’s stock valued at $416,000 after acquiring an additional 110 shares during the period. First Heartland Consultants Inc. boosted its holdings in shares of First Trust Health Care AlphaDEX Fund by 1.4% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,420 shares of the company’s stock valued at $1,033,000 after acquiring an additional 134 shares during the last quarter. Finally, D.A. Davidson & CO. grew its stake in shares of First Trust Health Care AlphaDEX Fund by 3.3% in the second quarter. D.A. Davidson & CO. now owns 5,247 shares of the company’s stock worth $544,000 after acquiring an additional 170 shares during the period.

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.