First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Reaches New 12-Month High – Here’s Why

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXHGet Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as $135.49 and last traded at $135.5590, with a volume of 3049 shares traded. The stock had previously closed at $135.29.

First Trust Health Care AlphaDEX Fund Stock Down 0.0%

The firm has a market cap of $1.12 billion, a P/E ratio of 16.75 and a beta of 0.73. The company’s 50 day simple moving average is $125.87 and its 200-day simple moving average is $117.50.

Institutional Investors Weigh In On First Trust Health Care AlphaDEX Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. Allied Private Wealth LLC bought a new stake in shares of First Trust Health Care AlphaDEX Fund during the 2nd quarter worth approximately $37,000. Advisory Services Network LLC purchased a new position in First Trust Health Care AlphaDEX Fund during the 3rd quarter valued at $42,000. O Shaughnessy Asset Management LLC grew its position in First Trust Health Care AlphaDEX Fund by 1,145.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock valued at $57,000 after acquiring an additional 458 shares during the last quarter. Smartleaf Asset Management LLC grew its position in First Trust Health Care AlphaDEX Fund by 1,822.7% in the 2nd quarter. Smartleaf Asset Management LLC now owns 846 shares of the company’s stock valued at $87,000 after acquiring an additional 802 shares during the last quarter. Finally, NBC Securities Inc. increased its stake in First Trust Health Care AlphaDEX Fund by 18.8% in the fourth quarter. NBC Securities Inc. now owns 867 shares of the company’s stock worth $99,000 after purchasing an additional 137 shares during the period.

First Trust Health Care AlphaDEX Fund Company Profile

(Get Free Report)

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.

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