First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Strong Trading Volume – Time to Buy?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw strong trading volume on Thursday . 176,515 shares were traded during trading, an increase of 114% from the previous session’s volume of 82,490 shares.The stock last traded at $80.0290 and had previously closed at $81.29.

First Trust Industrials/Producer Durables AlphaDEX Fund Trading Down 1.6%

The company has a market capitalization of $708.05 million, a P/E ratio of 17.44 and a beta of 1.16. The company’s fifty day moving average is $87.44 and its 200 day moving average is $81.72.

Hedge Funds Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of large investors have recently made changes to their positions in the stock. Earned Wealth Advisors LLC purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the fourth quarter valued at $21,828,000. Daymark Wealth Partners LLC boosted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 333.6% in the 3rd quarter. Daymark Wealth Partners LLC now owns 87,690 shares of the company’s stock worth $6,845,000 after purchasing an additional 67,464 shares during the period. Virtue Capital Management LLC grew its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 167.8% during the 4th quarter. Virtue Capital Management LLC now owns 90,812 shares of the company’s stock valued at $7,392,000 after buying an additional 56,905 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter valued at about $3,903,000. Finally, Nilsine Partners LLC increased its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 19.8% during the third quarter. Nilsine Partners LLC now owns 275,024 shares of the company’s stock valued at $21,468,000 after buying an additional 45,505 shares during the period.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

First Trust Industrials/Producer Durables 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 Industrials 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.