First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sets New 1-Year High – Here’s Why

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $85.96 and last traded at $85.9050, with a volume of 9803 shares trading hands. The stock had previously closed at $85.83.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 0.2%

The company has a 50-day moving average price of $78.97 and a 200-day moving average price of $78.33. The company has a market capitalization of $834.01 million, a price-to-earnings ratio of 17.44 and a beta of 1.16.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FXR. Daymark Wealth Partners LLC boosted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.5% in the fourth quarter. Daymark Wealth Partners LLC now owns 88,979 shares of the company’s stock valued at $7,107,000 after acquiring an additional 1,289 shares during the period. Dynamic Advisor Solutions LLC acquired a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter valued at $776,000. JPMorgan Chase & Co. raised its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 287.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,793 shares of the company’s stock valued at $530,000 after purchasing an additional 5,039 shares during the last quarter. Susquehanna International Group LLP boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 83.5% in the 3rd quarter. Susquehanna International Group LLP now owns 38,357 shares of the company’s stock valued at $2,994,000 after purchasing an additional 17,452 shares during the period. Finally, Prosperity Consulting Group LLC grew its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 1.1% in the 3rd quarter. Prosperity Consulting Group LLC now owns 15,887 shares of the company’s stock worth $1,240,000 after purchasing an additional 168 shares during the last quarter.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

First Trust Industrials/Producer Durables AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Industrials Index (the Index). The 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. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one year-sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.