First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Shares Up 0.9% – Still a Buy?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares rose 0.9% during trading on Monday . The company traded as high as $107.30 and last traded at $106.41. Approximately 23,826 shares changed hands during trading, a decline of 9% from the average daily volume of 26,308 shares. The stock had previously closed at $105.45.

First Trust Health Care AlphaDEX Fund Stock Up 0.9%

The company has a market capitalization of $861.92 million, a P/E ratio of 16.75 and a beta of 0.78. The business has a 50 day simple moving average of $113.69 and a 200-day simple moving average of $113.15.

Institutional Trading of First Trust Health Care AlphaDEX Fund

A number of large investors have recently modified their holdings of FXH. Vivaldi Capital Management LP raised its position in shares of First Trust Health Care AlphaDEX Fund by 4.4% during 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 in the last quarter. Insight Advisors LLC PA increased its stake in shares of First Trust Health Care AlphaDEX Fund by 3.0% during the third 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. increased its stake in shares of First Trust Health Care AlphaDEX Fund by 1.4% during the third 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 period. NBC Securities Inc. raised its holdings in First Trust Health Care AlphaDEX Fund by 18.8% during the fourth quarter. NBC Securities Inc. now owns 867 shares of the company’s stock worth $99,000 after purchasing an additional 137 shares in the last quarter. Finally, Prospera Financial Services Inc raised its holdings in First Trust Health Care AlphaDEX Fund by 2.6% during the third quarter. Prospera Financial Services Inc now owns 7,121 shares of the company’s stock worth $782,000 after purchasing an additional 179 shares in the last quarter.

First Trust Health Care AlphaDEX Fund Company Profile

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.