First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sees Strong Trading Volume – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) saw strong trading volume on Tuesday . 34,562 shares traded hands during mid-day trading, an increase of 26% from the previous session’s volume of 27,330 shares.The stock last traded at $114.9150 and had previously closed at $115.07.

First Trust Health Care AlphaDEX Fund Stock Performance

The company has a market capitalization of $942.10 million, a PE ratio of 16.75 and a beta of 0.78. The business’s 50-day moving average is $113.83 and its 200-day moving average is $108.50.

Institutional Trading of First Trust Health Care AlphaDEX Fund

Hedge funds have recently made changes to their positions in the stock. Crews Bank & Trust bought a new stake in First Trust Health Care AlphaDEX Fund in the second quarter worth $37,000. Advisory Services Network LLC purchased a new position in shares of First Trust Health Care AlphaDEX Fund in the 3rd quarter worth about $42,000. Founders Financial Alliance LLC bought a new position in First Trust Health Care AlphaDEX Fund in the 3rd quarter worth about $55,000. Hazlett Burt & Watson Inc. boosted its stake in First Trust Health Care AlphaDEX Fund by 62.8% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 526 shares of the company’s stock worth $55,000 after purchasing an additional 203 shares in the last quarter. Finally, Blue Trust Inc. grew its position in First Trust Health Care AlphaDEX Fund by 49.9% during the 2nd quarter. Blue Trust Inc. now owns 601 shares of the company’s stock valued at $62,000 after purchasing an additional 200 shares during the last quarter.

About First Trust Health Care AlphaDEX Fund

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.