First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Unusually-High Trading Volume – Still a Buy?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw an uptick in trading volume on Friday . 282,465 shares traded hands during mid-day trading, an increase of 129% from the previous session’s volume of 123,441 shares.The stock last traded at $80.5090 and had previously closed at $79.87.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

The stock has a 50 day simple moving average of $78.41 and a two-hundred day simple moving average of $77.77. The firm has a market cap of $1.88 billion, a PE ratio of 17.44 and a beta of 1.16.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FXR. Mather Group LLC. acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth approximately $27,000. GAMMA Investing LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the second quarter worth $30,000. Providence Capital Advisors LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter worth $30,000. Twin Peaks Wealth Advisors LLC acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the second quarter valued at $39,000. Finally, Ameriflex Group Inc. purchased a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the third quarter valued at $40,000.

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. 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.