First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Trading Down 0.1% – Should You Sell?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) traded down 0.1% on Monday . The stock traded as low as $108.09 and last traded at $108.11. 19,197 shares changed hands during trading, a decline of 32% from the average session volume of 28,226 shares. The stock had previously closed at $108.27.

First Trust Health Care AlphaDEX Fund Price Performance

The company has a fifty day simple moving average of $110.63 and a two-hundred day simple moving average of $107.71. The company has a market capitalization of $1.29 billion, a P/E ratio of 19.31 and a beta of 0.76.

Hedge Funds Weigh In On First Trust Health Care AlphaDEX Fund

Institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers grew its position 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 worth $14,223,000 after buying an additional 59,350 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in First Trust Health Care AlphaDEX Fund during the first quarter valued at approximately $4,243,000. Waverly Advisors LLC acquired a new stake in First Trust Health Care AlphaDEX Fund during the first quarter valued at approximately $3,105,000. Cetera Advisors LLC boosted its holdings in 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 valued at $4,339,000 after purchasing an additional 24,687 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in First Trust Health Care AlphaDEX Fund during the second quarter valued at approximately $831,000.

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.