First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Hits New 12-Month High – Time to Buy?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) hit a new 52-week high on Monday . The stock traded as high as $82.99 and last traded at $83.2860, with a volume of 11459 shares. The stock had previously closed at $81.39.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

The stock has a fifty day moving average of $78.45 and a 200-day moving average of $77.92. The company has a market cap of $849.20 million, a PE ratio of 17.44 and a beta of 1.16.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. O Dell Group LLC boosted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 2.5% during the 3rd quarter. O Dell Group LLC now owns 318,657 shares of the company’s stock valued at $24,874,000 after acquiring an additional 7,678 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 4.6% during the second quarter. NewEdge Advisors LLC now owns 315,712 shares of the company’s stock worth $23,432,000 after purchasing an additional 13,837 shares in the last quarter. Nilsine Partners LLC lifted its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 19.8% during the 3rd quarter. Nilsine Partners LLC now owns 275,024 shares of the company’s stock valued at $21,468,000 after purchasing an additional 45,505 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 0.8% during the 3rd quarter. Truist Financial Corp now owns 183,766 shares of the company’s stock valued at $14,345,000 after purchasing an additional 1,461 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 3.1% in the 3rd quarter. Benjamin Edwards Inc. now owns 179,596 shares of the company’s stock worth $14,026,000 after purchasing an additional 5,384 shares in the last quarter.

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. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one year-sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.