First Trust Utilities AlphaDEX Fund (NYSEARCA:FXU) Trading Up 0.2% – What’s Next?

First Trust Utilities AlphaDEX Fund (NYSEARCA:FXU) shares were up 0.2% on Thursday . The stock traded as high as $50.02 and last traded at $49.69. 173,209 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 573,540 shares. The stock had previously closed at $49.60.

First Trust Utilities AlphaDEX Fund Stock Performance

The company has a market capitalization of $896.90 million, a PE ratio of 17.41 and a beta of 0.61. The stock’s 50 day moving average is $48.52 and its 200 day moving average is $48.02.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Quantinno Capital Management LP grew its holdings in First Trust Utilities AlphaDEX Fund by 8.6% during the 1st quarter. Quantinno Capital Management LP now owns 24,988 shares of the company’s stock valued at $1,239,000 after buying an additional 1,971 shares in the last quarter. Gateway Wealth Partners LLC increased its holdings in First Trust Utilities AlphaDEX Fund by 559.0% during the 1st quarter. Gateway Wealth Partners LLC now owns 30,104 shares of the company’s stock worth $1,493,000 after acquiring an additional 25,536 shares during the period. Cetera Investment Advisers increased its holdings in First Trust Utilities AlphaDEX Fund by 13.5% during the 1st quarter. Cetera Investment Advisers now owns 335,969 shares of the company’s stock worth $16,661,000 after acquiring an additional 39,872 shares during the period. Earned Wealth Advisors LLC lifted its stake in First Trust Utilities AlphaDEX Fund by 1.5% in the 1st quarter. Earned Wealth Advisors LLC now owns 379,257 shares of the company’s stock worth $18,807,000 after purchasing an additional 5,750 shares in the last quarter. Finally, Dorsey Wright & Associates purchased a new stake in First Trust Utilities AlphaDEX Fund in the 1st quarter worth approximately $497,000.

First Trust Utilities AlphaDEX Fund Company Profile

First Trust Utilities AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Utilities Index (the Index). The 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. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.