First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Strong Trading Volume – Still a Buy?

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXRGet Free Report) saw an uptick in trading volume on Wednesday . 215,489 shares traded hands during mid-day trading, an increase of 220% from the previous session’s volume of 67,403 shares.The stock last traded at $60.79 and had previously closed at $60.85.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

The firm has a market cap of $1.65 billion, a PE ratio of 17.65 and a beta of 1.15. The stock has a 50-day simple moving average of $71.33 and a two-hundred day simple moving average of $75.62.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Several large investors have recently modified their holdings of the company. Elevation Wealth Partners LLC purchased a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the fourth quarter worth about $62,000. NBC Securities Inc. bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the first quarter valued at approximately $59,000. Wilmington Savings Fund Society FSB purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at approximately $65,000. Sunbelt Securities Inc. raised its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 511.4% in the fourth quarter. Sunbelt Securities Inc. now owns 1,443 shares of the company’s stock worth $108,000 after acquiring an additional 1,207 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter worth $120,000.

About First Trust Industrials/Producer Durables AlphaDEX Fund

(Get Free Report)

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.

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