First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sees Large Volume Increase – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares saw strong trading volume on Monday . 54,697 shares traded hands during trading, an increase of 92% from the previous session’s volume of 28,562 shares.The stock last traded at $103.87 and had previously closed at $105.61.

First Trust Health Care AlphaDEX Fund Stock Performance

The firm has a fifty day moving average price of $108.51 and a 200 day moving average price of $108.77. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 19.31 and a beta of 0.76.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. IFG Advisory LLC acquired a new stake in First Trust Health Care AlphaDEX Fund during the 2nd quarter valued at $357,000. Commonwealth Equity Services LLC lifted its holdings in First Trust Health Care AlphaDEX Fund by 2.3% in the second quarter. Commonwealth Equity Services LLC now owns 104,145 shares of the company’s stock worth $10,885,000 after purchasing an additional 2,292 shares during the period. Gentry Private Wealth LLC acquired a new position in shares of First Trust Health Care AlphaDEX Fund during the 2nd quarter valued at $458,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of First Trust Health Care AlphaDEX Fund by 3.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 14,482 shares of the company’s stock worth $1,513,000 after purchasing an additional 420 shares in the last quarter. Finally, AE Wealth Management LLC boosted its position in shares of First Trust Health Care AlphaDEX Fund by 14.1% in the 2nd quarter. AE Wealth Management LLC now owns 19,323 shares of the company’s stock valued at $2,020,000 after purchasing an additional 2,385 shares during the period.

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.