First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Stock Price Up 0.3% – Still a Buy?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH)’s stock price rose 0.3% on Monday . The company traded as high as $103.96 and last traded at $103.49. Approximately 254,229 shares were traded during trading, an increase of 693% from the average daily volume of 32,054 shares. The stock had previously closed at $103.16.

First Trust Health Care AlphaDEX Fund Stock Up 0.3%

The company has a market cap of $915.89 million, a PE ratio of 17.13 and a beta of 0.81. The stock’s 50 day simple moving average is $100.33 and its two-hundred day simple moving average is $105.34.

Hedge Funds Weigh In On First Trust Health Care AlphaDEX Fund

A number of large investors have recently bought and sold shares of the stock. Rossby Financial LCC purchased a new position in shares of First Trust Health Care AlphaDEX Fund in the 1st quarter valued at $32,000. GPS Wealth Strategies Group LLC purchased a new position in shares of First Trust Health Care AlphaDEX Fund in the 1st quarter valued at $37,000. Blue Trust Inc. purchased a new position in shares of First Trust Health Care AlphaDEX Fund in the 4th quarter valued at $42,000. MorganRosel Wealth Management LLC purchased a new position in shares of First Trust Health Care AlphaDEX Fund in the 1st quarter valued at $47,000. Finally, Capital Analysts LLC raised its stake in shares of First Trust Health Care AlphaDEX Fund by 300.9% in the 1st quarter. Capital Analysts LLC now owns 469 shares of the company’s stock valued at $49,000 after acquiring an additional 352 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.