First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sees Unusually-High Trading Volume – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares saw unusually-high trading volume on Thursday . Approximately 71,308 shares were traded during mid-day trading, an increase of 110% from the previous session’s volume of 34,037 shares.The stock last traded at $135.0950 and had previously closed at $135.09.

First Trust Health Care AlphaDEX Fund Stock Performance

The company has a market cap of $1.11 billion, a price-to-earnings ratio of 16.75 and a beta of 0.73. The business has a fifty day moving average price of $126.26 and a 200 day moving average price of $117.65.

Institutional Investors Weigh In On First Trust Health Care AlphaDEX Fund

Hedge funds have recently made changes to their positions in the stock. Allied Private Wealth LLC acquired a new position in First Trust Health Care AlphaDEX Fund during the 2nd quarter worth approximately $37,000. Advisory Services Network LLC bought a new stake in shares of First Trust Health Care AlphaDEX Fund during the third quarter worth $42,000. O Shaughnessy Asset Management LLC lifted its stake in shares of First Trust Health Care AlphaDEX Fund by 1,145.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock valued at $57,000 after acquiring an additional 458 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of First Trust Health Care AlphaDEX Fund by 1,822.7% during the second quarter. Smartleaf Asset Management LLC now owns 846 shares of the company’s stock valued at $87,000 after purchasing an additional 802 shares in the last quarter. Finally, NBC Securities Inc. increased its position in First Trust Health Care AlphaDEX Fund by 18.8% in the 4th quarter. NBC Securities Inc. now owns 867 shares of the company’s stock valued at $99,000 after acquiring an additional 137 shares during the period.

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.