First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) Hits New 52-Week High – Here’s What Happened

First Trust Financial AlphaDEX Fund (NYSEARCA:FXOGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $51.85 and last traded at $51.85, with a volume of 1986 shares trading hands. The stock had previously closed at $51.61.

First Trust Financial AlphaDEX Fund Stock Performance

The company has a market capitalization of $974.49 million, a PE ratio of 12.74 and a beta of 1.00. The business’s 50-day moving average is $50.07 and its 200-day moving average is $47.89.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Purus Wealth Management LLC purchased a new position in First Trust Financial AlphaDEX Fund in the first quarter worth about $210,000. Choice Wealth Advisors LLC boosted its position in shares of First Trust Financial AlphaDEX Fund by 12.5% in the first quarter. Choice Wealth Advisors LLC now owns 42,467 shares of the company’s stock worth $2,018,000 after purchasing an additional 4,732 shares during the period. Monument Capital Management boosted its position in shares of First Trust Financial AlphaDEX Fund by 459.6% in the first quarter. Monument Capital Management now owns 81,366 shares of the company’s stock worth $3,867,000 after purchasing an additional 66,825 shares during the period. Benjamin Edwards Inc. boosted its position in shares of First Trust Financial AlphaDEX Fund by 117.5% in the first quarter. Benjamin Edwards Inc. now owns 2,443 shares of the company’s stock worth $116,000 after purchasing an additional 1,320 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Financial AlphaDEX Fund by 16.8% in the first quarter. Commonwealth Equity Services LLC now owns 162,119 shares of the company’s stock worth $7,704,000 after buying an additional 23,266 shares in the last quarter.

About First Trust Financial AlphaDEX Fund

(Get Free Report)

First Trust Financials AlphaDEX Fund (the Fund) is an exchange-traded fund. It seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Financials Index (the Index). The StrataQuant Financials 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.

Further Reading

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