Shares of First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) saw strong trading volume on Wednesday . 4,931,327 shares changed hands during mid-day trading, an increase of 2,048% from the previous session’s volume of 229,613 shares.The stock last traded at $32.13 and had previously closed at $31.92.

The stock’s fifty day moving average is $31.24 and its 200-day moving average is $31.22.

A number of large investors have recently modified their holdings of FXO. Valeo Financial Advisors LLC bought a new stake in First Trust Financial AlphaDEX Fund during the second quarter valued at about $32,000. Salomon & Ludwin LLC bought a new stake in shares of First Trust Financial AlphaDEX Fund in the second quarter valued at about $42,000. Rehmann Capital Advisory Group lifted its stake in shares of First Trust Financial AlphaDEX Fund by 187.9% in the second quarter. Rehmann Capital Advisory Group now owns 1,526 shares of the company’s stock valued at $48,000 after buying an additional 996 shares during the period. Advisory Services Network LLC lifted its stake in shares of First Trust Financial AlphaDEX Fund by 42.0% in the first quarter. Advisory Services Network LLC now owns 1,630 shares of the company’s stock valued at $49,000 after buying an additional 482 shares during the period. Finally, Steward Partners Investment Advisory LLC bought a new stake in shares of First Trust Financial AlphaDEX Fund in the second quarter valued at about $78,000.

First Trust Financial AlphaDEX Fund Company Profile (NYSEARCA:FXO)

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.

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