First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $108.39 and traded as high as $111.70. First Trust Health Care AlphaDEX Fund shares last traded at $111.37, with a volume of 22,175 shares trading hands.

First Trust Health Care AlphaDEX Fund Trading Up 0.2 %

The company has a market cap of $1.33 billion, a price-to-earnings ratio of 19.31 and a beta of 0.76. The stock has a 50 day moving average price of $109.71 and a two-hundred day moving average price of $108.39.

Institutional Trading of First Trust Health Care AlphaDEX Fund

A number of hedge funds have recently modified their holdings of FXH. Cetera Investment Advisers grew its holdings in First Trust Health Care AlphaDEX Fund by 84.3% during the first quarter. Cetera Investment Advisers now owns 129,781 shares of the company’s stock valued at $14,223,000 after purchasing an additional 59,350 shares during the period. Cetera Advisors LLC boosted its position in shares of First Trust Health Care AlphaDEX Fund by 165.6% during the first quarter. Cetera Advisors LLC now owns 39,597 shares of the company’s stock worth $4,339,000 after purchasing an additional 24,687 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of First Trust Health Care AlphaDEX Fund by 1,354.7% in the 3rd quarter. Bank of Montreal Can now owns 18,126 shares of the company’s stock valued at $1,907,000 after buying an additional 16,880 shares during the period. World Investment Advisors LLC bought a new stake in shares of First Trust Health Care AlphaDEX Fund in the 3rd quarter valued at $1,239,000. Finally, Benjamin Edwards Inc. increased its position in shares of First Trust Health Care AlphaDEX Fund by 945.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 11,860 shares of the company’s stock valued at $1,327,000 after buying an additional 10,726 shares in the last quarter.

About First Trust Health Care AlphaDEX Fund

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.