First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Hits New 52-Week High – Here’s What Happened

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $82.99 and last traded at $83.2860, with a volume of 11459 shares trading hands. The stock had previously closed at $81.39.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 2.3%

The firm has a market cap of $849.20 million, a PE ratio of 17.44 and a beta of 1.16. The stock has a 50 day moving average price of $78.45 and a two-hundred day moving average price of $77.92.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Mather Group LLC. purchased a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at $27,000. Providence Capital Advisors LLC acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth about $30,000. GAMMA Investing LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 2nd quarter valued at about $30,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the second quarter valued at about $39,000. Finally, Ameriflex Group Inc. acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the third quarter valued at about $40,000.

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.