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

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares saw unusually-strong trading volume on Monday . Approximately 24,584 shares changed hands during mid-day trading, a decline of 12% from the previous session’s volume of 27,844 shares.The stock last traded at $124.6840 and had previously closed at $126.20.

First Trust Health Care AlphaDEX Fund Price Performance

The company’s 50-day moving average price is $115.99 and its two-hundred day moving average price is $114.35. The company has a market capitalization of $983.30 million, a price-to-earnings ratio of 16.75 and a beta of 0.73.

Institutional Trading of First Trust Health Care AlphaDEX Fund

Large investors have recently bought and sold shares of the business. Pine Valley Investments Ltd Liability Co boosted its position in shares of First Trust Health Care AlphaDEX Fund by 9.8% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 5,261 shares of the company’s stock valued at $578,000 after purchasing an additional 469 shares in the last quarter. NewEdge Advisors LLC increased its holdings in First Trust Health Care AlphaDEX Fund by 53.7% in the first quarter. NewEdge Advisors LLC now owns 10,265 shares of the company’s stock worth $1,127,000 after purchasing an additional 3,585 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in First Trust Health Care AlphaDEX Fund by 155.1% in the first quarter. Arkadios Wealth Advisors now owns 15,161 shares of the company’s stock valued at $1,664,000 after buying an additional 9,217 shares during the period. Royal Bank of Canada lifted its stake in First Trust Health Care AlphaDEX Fund by 19.4% in the first quarter. Royal Bank of Canada now owns 78,075 shares of the company’s stock valued at $8,570,000 after buying an additional 12,680 shares during the period. Finally, Gateway Wealth Partners LLC boosted its holdings in shares of First Trust Health Care AlphaDEX Fund by 110.5% during the 1st quarter. Gateway Wealth Partners LLC now owns 5,875 shares of the company’s stock worth $645,000 after buying an additional 3,084 shares in 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.