First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sets New 52-Week Low – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $63.13 and last traded at $114.83, with a volume of 515 shares traded. The stock had previously closed at $114.43.

First Trust Health Care AlphaDEX Fund Stock Up 0.3%

The business has a 50-day simple moving average of $115.76 and a two-hundred day simple moving average of $111.08. The stock has a market capitalization of $930.12 million, a P/E ratio of 16.75 and a beta of 0.78.

Institutional Investors Weigh In On First Trust Health Care AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in First Trust Health Care AlphaDEX Fund by 14,737.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,225,142 shares of the company’s stock valued at $139,446,000 after buying an additional 1,216,885 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of First Trust Health Care AlphaDEX Fund by 21.1% during the third quarter. Bank of America Corp DE now owns 312,581 shares of the company’s stock worth $34,281,000 after buying an additional 54,400 shares in the last quarter. Rockport Wealth LLC bought a new position in shares of First Trust Health Care AlphaDEX Fund in the second quarter valued at approximately $15,699,000. Vestmark Advisory Solutions Inc. boosted its holdings in shares of First Trust Health Care AlphaDEX Fund by 109.5% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 124,184 shares of the company’s stock worth $12,875,000 after acquiring an additional 64,914 shares in the last quarter. Finally, Paller Financial Services Inc acquired a new position in shares of First Trust Health Care AlphaDEX Fund in the 4th quarter worth approximately $4,354,000.

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.