First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Trading 0.4% Higher – Here’s Why

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR)’s share price was up 0.4% during mid-day trading on Thursday . The stock traded as high as $79.93 and last traded at $79.81. Approximately 32,422 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 73,830 shares. The stock had previously closed at $79.50.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 0.4 %

The company has a 50 day moving average price of $78.41 and a 200-day moving average price of $75.21. The company has a market cap of $2.18 billion, a price-to-earnings ratio of 20.05 and a beta of 1.07.

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

A number of hedge funds have recently added to or reduced their stakes in FXR. Benjamin Edwards Inc. boosted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 7,601.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 194,295 shares of the company’s stock worth $14,730,000 after buying an additional 191,772 shares during the last quarter. Proactive Wealth Strategies LLC purchased a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter valued at approximately $4,205,000. D.A. Davidson & CO. lifted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 10.2% during the 3rd quarter. D.A. Davidson & CO. now owns 189,255 shares of the company’s stock valued at $14,338,000 after buying an additional 17,447 shares in the last quarter. Schrum Private Wealth Management LLC grew its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 62.0% during the third quarter. Schrum Private Wealth Management LLC now owns 43,044 shares of the company’s stock valued at $3,261,000 after acquiring an additional 16,470 shares in the last quarter. Finally, Tudor Financial Inc. purchased a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at approximately $1,154,000.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

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.