First Trust Financials AlphaDEX Fund (NYSEARCA:FXO) Reaches New 1-Year High – What’s Next?

First Trust Financials AlphaDEX Fund (NYSEARCA:FXO)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $65.18 and last traded at $65.15, with a volume of 43627 shares. The stock had previously closed at $64.15.

First Trust Financials AlphaDEX Fund Price Performance

The business’s fifty day moving average price is $61.09 and its two-hundred day moving average price is $59.93. The stock has a market capitalization of $1.12 billion, a PE ratio of 12.42 and a beta of 0.94.

Institutional Trading of First Trust Financials AlphaDEX Fund

Several large investors have recently added to or reduced their stakes in FXO. Register Financial Advisors LLC increased its stake in shares of First Trust Financials AlphaDEX Fund by 5.3% in the fourth quarter. Register Financial Advisors LLC now owns 6,424 shares of the company’s stock worth $388,000 after acquiring an additional 326 shares during the period. Flagship Harbor Advisors LLC acquired a new position in First Trust Financials AlphaDEX Fund during the fourth quarter valued at $83,000. Sound Income Strategies LLC acquired a new position in First Trust Financials AlphaDEX Fund during the fourth quarter valued at $243,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in First Trust Financials AlphaDEX Fund by 282.2% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,097 shares of the company’s stock valued at $247,000 after purchasing an additional 3,025 shares during the period. Finally, Genesee Capital Advisors LLC boosted its holdings in First Trust Financials AlphaDEX Fund by 7.9% in the fourth quarter. Genesee Capital Advisors LLC now owns 35,994 shares of the company’s stock valued at $2,172,000 after purchasing an additional 2,650 shares during the last quarter.

About First Trust Financials AlphaDEX Fund

First Trust Financials AlphaDEX Fund (the Fund) is an exchange-traded fund. It seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Financials Index (the Index). The StrataQuant Financials 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 StrataQuant Financials Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including three, six 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.