First Trust Energy AlphaDEX Fund (NYSEARCA:FXN – Get Free Report) was up 1.1% during mid-day trading on Tuesday . The company traded as high as $22.79 and last traded at $22.75. 296,550 shares were traded during trading, a decline of 79% from the average session volume of 1,439,398 shares. The stock had previously closed at $22.50.
First Trust Energy AlphaDEX Fund Stock Down 0.1%
The firm has a market cap of $387.42 million, a PE ratio of 10.63 and a beta of 0.54. The stock’s fifty day simple moving average is $21.17 and its two-hundred day simple moving average is $20.97.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Trust Advisors LP bought a new stake in First Trust Energy AlphaDEX Fund in the 1st quarter worth about $672,402,000. NewEdge Advisors LLC lifted its stake in First Trust Energy AlphaDEX Fund by 1,886.8% during the 1st quarter. NewEdge Advisors LLC now owns 684,027 shares of the company’s stock valued at $15,363,000 after acquiring an additional 649,599 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of First Trust Energy AlphaDEX Fund by 543.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 651,200 shares of the company’s stock valued at $9,885,000 after acquiring an additional 550,000 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in shares of First Trust Energy AlphaDEX Fund by 2,201.2% during the 1st quarter. D.A. Davidson & CO. now owns 251,057 shares of the company’s stock valued at $5,639,000 after acquiring an additional 240,147 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of First Trust Energy AlphaDEX Fund by 131.2% in the first quarter. Royal Bank of Canada now owns 325,290 shares of the company’s stock worth $7,306,000 after acquiring an additional 184,619 shares during the period.
About First Trust Energy AlphaDEX Fund
The First Trust Energy AlphaDEX Fund (FXN) is an exchange-traded fund that is based on the StrataQuant Energy index. The fund tracks an index of large- and mid-cap US energy stocks. The underlying index uses multi-factor selection and tiered equal-weighting. FXN was launched on May 8, 2007 and is managed by First Trust.
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