First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ) Stock Falls 2.5% – Here’s What Happened

Posted by Linda Flegge on Nov 6th, 2026

First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ – Get Free Report)’s share price dropped 2.5% on Thursday. The stock traded as low as $73.81 and last traded at $74.03. Approximately 122,018 shares changed hands during trading, an increase of 142% from the average session volume of 50,463 shares. The stock had previously closed at $75.93.

First Trust Materials AlphaDEX Fund Stock Performance

The company has a 50 day simple moving average of $79.55 and a two-hundred day simple moving average of $78.97. The firm has a market cap of $355.34 million, a PE ratio of 17.24 and a beta of 1.07.

Institutional Investors Weigh In On First Trust Materials AlphaDEX Fund

A number of large investors have recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in First Trust Materials AlphaDEX Fund by 277.6% in the 1st quarter. Bank of America Corp DE now owns 385,160 shares of the company’s stock worth $29,353,000 after buying an additional 283,145 shares during the period. Oppenheimer & Co. Inc. purchased a new position in First Trust Materials AlphaDEX Fund during the 3rd quarter worth approximately $6,343,000. Commonwealth Equity Services LLC purchased a new position in First Trust Materials AlphaDEX Fund during the 3rd quarter worth approximately $4,358,000. D.A. Davidson & CO. acquired a new stake in First Trust Materials AlphaDEX Fund during the 1st quarter valued at approximately $4,120,000. Finally, International Assets Investment Management LLC lifted its stake in First Trust Materials AlphaDEX Fund by 296.7% during the 3rd quarter. International Assets Investment Management LLC now owns 26,270 shares of the company’s stock valued at $2,030,000 after acquiring an additional 19,648 shares during the period.

First Trust Materials AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Materials AlphaDEX Fund (FXZ) is an exchange-traded fund that is based on the StrataQuant Materials index. The fund tracks a tiered, equal-weighted index of large- and mid-cap basic materials firms in the US. Holdings are selected and weighted based on growth and value metrics. FXZ was launched on May 8, 2007 and is managed by First Trust.