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

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) saw an uptick in trading volume on Wednesday . 87,443 shares traded hands during trading, an increase of 150% from the previous session’s volume of 34,950 shares.The stock last traded at $134.1140 and had previously closed at $133.01.

First Trust Health Care AlphaDEX Fund Trading Up 0.9%

The business has a fifty day moving average price of $127.66 and a 200-day moving average price of $118.18. The stock has a market capitalization of $1.11 billion, a PE ratio of 16.75 and a beta of 0.73.

Institutional Trading of First Trust Health Care AlphaDEX Fund

A number of hedge funds have recently bought and sold shares of FXH. Vivaldi Capital Management LP boosted its stake in First Trust Health Care AlphaDEX Fund by 4.4% in the third quarter. Vivaldi Capital Management LP now owns 2,575 shares of the company’s stock worth $282,000 after buying an additional 109 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in shares of First Trust Health Care AlphaDEX Fund by 9.4% during the second quarter. Ameritas Advisory Services LLC now owns 2,022 shares of the company’s stock worth $247,000 after acquiring an additional 173 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of First Trust Health Care AlphaDEX Fund by 6.2% in the 4th quarter. International Assets Investment Management LLC now owns 3,888 shares of the company’s stock worth $442,000 after acquiring an additional 228 shares during the last quarter. First Heartland Consultants Inc. lifted its holdings in shares of First Trust Health Care AlphaDEX Fund by 3.1% in the 2nd quarter. First Heartland Consultants Inc. now owns 9,541 shares of the company’s stock worth $1,168,000 after acquiring an additional 287 shares during the last quarter. Finally, Allied Private Wealth LLC purchased a new stake in shares of First Trust Health Care AlphaDEX Fund in the 2nd quarter valued at $37,000.

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.