First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ) Trading Up 0% – Should You Buy?

Posted by Ethan Ryder on Mar 28th, 2025

First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ – Get Free Report) shares traded up 0% during mid-day trading on Wednesday . The stock traded as high as $57.24 and last traded at $56.82. 17,648 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 31,278 shares. The stock had previously closed at $56.80.

First Trust Materials AlphaDEX Fund Price Performance

The business’s 50-day simple moving average is $58.06 and its 200-day simple moving average is $61.38. The company has a market cap of $232.55 million, a price-to-earnings ratio of 15.68 and a beta of 1.22.

First Trust Materials AlphaDEX Fund Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.2126 per share. The ex-dividend date of this dividend is Thursday, March 27th.

Hedge Funds Weigh In On First Trust Materials AlphaDEX Fund

Several hedge funds and other institutional investors have recently made changes to their positions in FXZ. Bellwether Advisors LLC purchased a new position in shares of First Trust Materials AlphaDEX Fund during the 4th quarter valued at approximately $26,000. Ameriflex Group Inc. acquired a new stake in First Trust Materials AlphaDEX Fund during the fourth quarter valued at approximately $29,000. Aptus Capital Advisors LLC acquired a new stake in First Trust Materials AlphaDEX Fund during the fourth quarter valued at approximately $39,000. Blue Trust Inc. bought a new position in First Trust Materials AlphaDEX Fund during the 4th quarter worth approximately $48,000. Finally, Global Retirement Partners LLC grew its position in shares of First Trust Materials AlphaDEX Fund by 881.6% in the 4th quarter. Global Retirement Partners LLC now owns 854 shares of the company’s stock worth $48,000 after acquiring an additional 767 shares in the last quarter.

First Trust Materials AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Materials AlphaDEX Fund (FXZ) is an exchange-traded fund that is based on the StrataQuant Materials index. The fund tracks a tiered, equal-weighted index of large- and mid-cap basic materials firms in the US. Holdings are selected and weighted based on growth and value metrics. FXZ was launched on May 8, 2007 and is managed by First Trust.