First Trust Energy AlphaDEX Fund (NYSEARCA:FXN – Get Free Report)’s share price rose 2% during mid-day trading on Friday . The company traded as high as $22.30 and last traded at $22.27. Approximately 573,856 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 1,262,894 shares. The stock had previously closed at $21.84.
First Trust Energy AlphaDEX Fund Stock Up 2.0%
The business’s fifty day moving average is $21.53 and its 200-day moving average is $18.83. The stock has a market capitalization of $1.20 billion, a PE ratio of 10.63 and a beta of 0.56.
Institutional Investors Weigh In On First Trust Energy AlphaDEX Fund
Institutional investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in First Trust Energy AlphaDEX Fund in the fourth quarter valued at approximately $28,000. AlphaCore Capital LLC purchased a new position in shares of First Trust Energy AlphaDEX Fund in the 4th quarter valued at $31,000. Silver Grove Financial Group Inc. purchased a new position in shares of First Trust Energy AlphaDEX Fund in the 4th quarter valued at $39,000. Sound Income Strategies LLC purchased a new position in shares of First Trust Energy AlphaDEX Fund in the 4th quarter valued at $40,000. Finally, Hazlett Burt & Watson Inc. raised its stake in shares of First Trust Energy AlphaDEX Fund by 116.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 3,166 shares of the company’s stock valued at $50,000 after acquiring an additional 1,700 shares during the period.
About First Trust Energy AlphaDEX Fund
The First Trust Energy AlphaDEX Fund (FXN) is an exchange-traded fund that is based on the StrataQuant Energy index. The fund tracks an index of large- and mid-cap US energy stocks. The underlying index uses multi-factor selection and tiered equal-weighting. FXN was launched on May 8, 2007 and is managed by First Trust.
See Also
- Five stocks we like better than First Trust Energy AlphaDEX Fund
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
- Japan’s Stealth Bull Market: How U.S. Investors Can Get Exposure
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
Receive News & Ratings for First Trust Energy AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Energy AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.
