First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Stock Price Down 0.6% – What’s Next?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH)’s stock price was down 0.6% during trading on Monday . The company traded as low as $115.59 and last traded at $115.88. Approximately 6,089 shares changed hands during trading, a decline of 74% from the average daily volume of 23,240 shares. The stock had previously closed at $116.62.

First Trust Health Care AlphaDEX Fund Trading Down 0.6%

The business’s fifty day simple moving average is $113.02 and its 200 day simple moving average is $113.82. The stock has a market cap of $898.07 million, a P/E ratio of 16.75 and a beta of 0.75.

Institutional Investors Weigh In On First Trust Health Care AlphaDEX Fund

Hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new stake in First Trust Health Care AlphaDEX Fund during the 3rd quarter worth about $42,000. O Shaughnessy Asset Management LLC grew its holdings in First Trust Health Care AlphaDEX Fund by 1,145.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock worth $57,000 after acquiring an additional 458 shares during the last quarter. Founders Financial Alliance LLC bought a new position in shares of First Trust Health Care AlphaDEX Fund in the 3rd quarter valued at about $55,000. Ameriflex Group Inc. boosted its stake in shares of First Trust Health Care AlphaDEX Fund by 322.4% in the 3rd quarter. Ameriflex Group Inc. now owns 642 shares of the company’s stock valued at $70,000 after purchasing an additional 490 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in shares of First Trust Health Care AlphaDEX Fund by 1,822.7% in the 2nd quarter. Smartleaf Asset Management LLC now owns 846 shares of the company’s stock valued at $87,000 after purchasing an additional 802 shares during 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.