First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Shares Down 0.4% – Time to Sell?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares traded down 0.4% during trading on Thursday . The company traded as low as $114.51 and last traded at $115.62. 13,754 shares were traded during trading, a decline of 55% from the average session volume of 30,549 shares. The stock had previously closed at $116.04.

First Trust Health Care AlphaDEX Fund Stock Down 0.4%

The firm has a market cap of $936.52 million, a price-to-earnings ratio of 16.75 and a beta of 0.78. The business has a 50 day moving average price of $115.66 and a 200-day moving average price of $112.62.

Institutional Investors Weigh In On First Trust Health Care AlphaDEX Fund

A number of large investors have recently added to or reduced their stakes in FXH. Advisory Services Network LLC acquired a new stake in First Trust Health Care AlphaDEX Fund during the third quarter worth about $42,000. Founders Financial Alliance LLC acquired a new position in First Trust Health Care AlphaDEX Fund in the third quarter valued at approximately $55,000. O Shaughnessy Asset Management LLC grew its holdings in shares of First Trust Health Care AlphaDEX Fund by 1,145.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock valued at $57,000 after purchasing an additional 458 shares during the last quarter. Ameriflex Group Inc. raised its position in shares of First Trust Health Care AlphaDEX Fund by 322.4% during the 3rd quarter. Ameriflex Group Inc. now owns 642 shares of the company’s stock worth $70,000 after purchasing an additional 490 shares during the period. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in shares of First Trust Health Care AlphaDEX Fund during the 3rd quarter worth approximately $80,000.

First Trust Health Care AlphaDEX Fund Company Profile

The First Trust Health Care AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Health Care Index. The StrataQuant Health Care Index is an index developed, maintained and sponsored by the NYSE Group, Inc or its affiliates (NYSE), which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.