First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Stock Price Down 0.5% – Time to Sell?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR)’s stock price dropped 0.5% on Thursday . The stock traded as low as $70.60 and last traded at $71.03. Approximately 51,387 shares changed hands during trading, a decline of 10% from the average daily volume of 56,789 shares. The stock had previously closed at $71.38.

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

The company has a market cap of $1.79 billion, a P/E ratio of 20.03 and a beta of 1.22. The business has a 50 day moving average price of $74.67 and a 200-day moving average price of $76.30.

First Trust Industrials/Producer Durables AlphaDEX Fund Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $0.1107 dividend. The ex-dividend date of this dividend is Thursday, March 27th.

Hedge Funds Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter valued at about $52,193,000. Benjamin Edwards Inc. boosted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 7,601.0% in the third quarter. Benjamin Edwards Inc. now owns 194,295 shares of the company’s stock valued at $14,730,000 after buying an additional 191,772 shares during the period. Modern Wealth Management LLC acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the fourth quarter worth approximately $7,425,000. LPL Financial LLC increased its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 14.4% during the 4th quarter. LPL Financial LLC now owns 760,456 shares of the company’s stock worth $56,890,000 after acquiring an additional 95,907 shares during the period. Finally, Guided Capital Wealth Management LLC acquired a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter valued at $6,104,000.

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.