First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Shares Up 0.1% – Time to Buy?

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) were up 0.1% during trading on Monday. The stock traded as high as $83.75 and last traded at $83.25. 35,628 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 48,126 shares. The stock had previously closed at $83.17.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Down 1.1%

The company has a market cap of $688.20 million, a P/E ratio of 17.44 and a beta of 1.07. The firm has a 50 day moving average of $86.83 and a 200-day moving average of $86.72.

Institutional Investors Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in FXR. Hilton Head Capital Partners LLC bought a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the fourth quarter worth about $61,000. Compass Financial Management LLC bought a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 2nd quarter valued at about $62,000. Western Wealth Management LLC purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 1st quarter worth approximately $146,000. Security National Bank of Sioux City Iowa IA purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 2nd quarter worth approximately $150,000. Finally, Parallel Advisors LLC bought a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 1st quarter worth approximately $161,000.

About First Trust Industrials/Producer Durables AlphaDEX Fund

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. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one year-sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.