First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Stock Jumps 0.5% – Here’s What Happened

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR)’s stock price rose 0.5% during trading on Monday. The stock traded as high as $84.53 and last traded at $84.30. 43,268 shares were traded during trading, a decline of 8% from the average daily volume of 47,170 shares. The stock had previously closed at $83.90.

First Trust Industrials/Producer Durables AlphaDEX Fund Trading Up 0.5%

The firm has a 50-day moving average of $84.83 and a 200 day moving average of $86.61. The stock has a market capitalization of $695.48 million, a price-to-earnings ratio of 17.44 and a beta of 1.07.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Hedge funds have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 8.8% in the first quarter. Bank of America Corp DE now owns 395,475 shares of the company’s stock valued at $32,283,000 after purchasing an additional 31,909 shares during the period. Envestnet Asset Management Inc. grew its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 95.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 202,542 shares of the company’s stock valued at $18,456,000 after purchasing an additional 98,860 shares in the last quarter. Crumly & Associates Inc. purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth $2,759,000. Kestra Advisory Services LLC increased its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 6.4% during the 1st quarter. Kestra Advisory Services LLC now owns 26,780 shares of the company’s stock worth $2,186,000 after buying an additional 1,603 shares during the period. Finally, Purus Wealth Management LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth $1,786,000.

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.