First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Trading Down 1%

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH)’s stock price traded down 1% on Wednesday . The company traded as low as $104.08 and last traded at $104.19. 23,243 shares were traded during mid-day trading, a decline of 32% from the average session volume of 34,326 shares. The stock had previously closed at $105.22.

First Trust Health Care AlphaDEX Fund Stock Down 1.0 %

The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 19.31 and a beta of 0.76. The stock’s 50 day moving average price is $106.13 and its two-hundred day moving average price is $102.30.

Institutional Trading of First Trust Health Care AlphaDEX Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in FXH. Park Avenue Securities LLC acquired a new stake in First Trust Health Care AlphaDEX Fund during the third quarter valued at $905,000. Assetmark Inc. grew its position in First Trust Health Care AlphaDEX Fund by 276.3% during the third quarter. Assetmark Inc. now owns 16,590 shares of the company’s stock valued at $1,612,000 after buying an additional 12,181 shares during the period. Triumph Capital Management acquired a new stake in First Trust Health Care AlphaDEX Fund during the third quarter valued at $1,119,000. Orion Portfolio Solutions LLC grew its position in First Trust Health Care AlphaDEX Fund by 27.2% during the third quarter. Orion Portfolio Solutions LLC now owns 8,470 shares of the company’s stock valued at $823,000 after buying an additional 1,813 shares during the period. Finally, MGO One Seven LLC grew its position in First Trust Health Care AlphaDEX Fund by 23.1% during the third quarter. MGO One Seven LLC now owns 2,668 shares of the company’s stock valued at $259,000 after buying an additional 500 shares during the period.

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.