First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ – Get Free Report) shares were down 2.5% on Thursday. The stock traded as low as $73.81 and last traded at $74.03. Approximately 122,018 shares were traded during mid-day trading, an increase of 142% from the average session volume of 50,463 shares. The stock had previously closed at $75.93.
First Trust Materials AlphaDEX Fund Price Performance
The company’s fifty day simple moving average is $79.55 and its 200-day simple moving average is $78.97. The firm has a market capitalization of $355.34 million, a PE ratio of 17.24 and a beta of 1.07.
Institutional Trading of First Trust Materials AlphaDEX Fund
Institutional investors have recently made changes to their positions in the business. Sound Income Strategies LLC raised its holdings in shares of First Trust Materials AlphaDEX Fund by 3.1% in the third quarter. Sound Income Strategies LLC now owns 4,899 shares of the company’s stock worth $377,000 after buying an additional 145 shares during the last quarter. MGO One Seven LLC lifted its stake in shares of First Trust Materials AlphaDEX Fund by 3.1% during the third quarter. MGO One Seven LLC now owns 7,462 shares of the company’s stock worth $577,000 after buying an additional 223 shares during the period. Parallel Advisors LLC grew its holdings in shares of First Trust Materials AlphaDEX Fund by 25.6% during the first quarter. Parallel Advisors LLC now owns 1,225 shares of the company’s stock valued at $93,000 after buying an additional 250 shares during the last quarter. Nilsine Partners LLC grew its holdings in shares of First Trust Materials AlphaDEX Fund by 1.8% during the second quarter. Nilsine Partners LLC now owns 14,827 shares of the company’s stock valued at $1,178,000 after buying an additional 261 shares during the last quarter. Finally, Signaturefd LLC purchased a new stake in shares of First Trust Materials AlphaDEX Fund during the third quarter valued at $26,000.
About First Trust Materials AlphaDEX Fund
The First Trust Materials AlphaDEX Fund (FXZ) is an exchange-traded fund that is based on the StrataQuant Materials index. The fund tracks a tiered, equal-weighted index of large- and mid-cap basic materials firms in the US. Holdings are selected and weighted based on growth and value metrics. FXZ was launched on May 8, 2007 and is managed by First Trust.
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