First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sees Unusually-High Trading Volume – Should You Buy?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares saw an uptick in trading volume on Monday . Approximately 24,584 shares changed hands during trading, a decline of 12% from the previous session’s volume of 27,844 shares.The stock last traded at $124.6840 and had previously closed at $126.20.

First Trust Health Care AlphaDEX Fund Trading Up 0.7%

The business’s fifty day moving average price is $116.54 and its two-hundred day moving average price is $114.52. The firm has a market cap of $1.01 billion, a P/E ratio of 16.75 and a beta of 0.73.

Institutional Trading of First Trust Health Care AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in FXH. Vivaldi Capital Management LP increased its holdings in shares of First Trust Health Care AlphaDEX Fund by 4.4% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,575 shares of the company’s stock valued at $282,000 after acquiring an additional 109 shares during the last quarter. NBC Securities Inc. boosted its position in First Trust Health Care AlphaDEX Fund by 18.8% during the fourth quarter. NBC Securities Inc. now owns 867 shares of the company’s stock worth $99,000 after purchasing an additional 137 shares during the period. International Assets Investment Management LLC boosted its position in First Trust Health Care AlphaDEX Fund by 6.2% during the fourth quarter. International Assets Investment Management LLC now owns 3,888 shares of the company’s stock worth $442,000 after purchasing an additional 228 shares during the period. Stratos Wealth Partners LTD. grew its holdings in First Trust Health Care AlphaDEX Fund by 2.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 8,177 shares of the company’s stock valued at $931,000 after purchasing an additional 229 shares during the last quarter. Finally, Trueblood Wealth Management LLC grew its holdings in First Trust Health Care AlphaDEX Fund by 6.5% during the fourth quarter. Trueblood Wealth Management LLC now owns 3,746 shares of the company’s stock valued at $426,000 after purchasing an additional 229 shares during the last quarter.

First Trust Health Care AlphaDEX Fund Company Profile

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.