First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) Trading 1.3% Higher

Shares of First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) traded up 1.3% during trading on Monday . The company traded as high as $50.71 and last traded at $50.64. 20,020 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 75,595 shares. The stock had previously closed at $50.00.

First Trust Financial AlphaDEX Fund Price Performance

The stock has a market cap of $939.37 million, a P/E ratio of 12.74 and a beta of 1.00. The business’s fifty day moving average price is $49.11 and its 200 day moving average price is $47.12.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. LPL Financial LLC increased its position in First Trust Financial AlphaDEX Fund by 2.4% during the 2nd quarter. LPL Financial LLC now owns 1,384,081 shares of the company’s stock valued at $64,069,000 after purchasing an additional 31,882 shares during the period. UBS Group AG grew its position in First Trust Financial AlphaDEX Fund by 1.2% in the 4th quarter. UBS Group AG now owns 440,187 shares of the company’s stock valued at $19,056,000 after purchasing an additional 5,065 shares during the period. Commonwealth Equity Services LLC lifted its stake in First Trust Financial AlphaDEX Fund by 3.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 167,501 shares of the company’s stock valued at $7,754,000 after acquiring an additional 5,382 shares in the last quarter. Cetera Investment Advisers lifted its stake in First Trust Financial AlphaDEX Fund by 1.6% during the 2nd quarter. Cetera Investment Advisers now owns 136,248 shares of the company’s stock valued at $6,307,000 after acquiring an additional 2,207 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in First Trust Financial AlphaDEX Fund by 2.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 123,113 shares of the company’s stock valued at $5,330,000 after acquiring an additional 3,341 shares in the last quarter.

First Trust Financial AlphaDEX Fund Company Profile

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.