First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Shares Up 0.4%

Shares of First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shot up 0.4% on Thursday . The stock traded as high as $109.92 and last traded at $109.72. 23,157 shares changed hands during trading, a decline of 32% from the average session volume of 34,242 shares. The stock had previously closed at $109.33.

First Trust Health Care AlphaDEX Fund Trading Up 0.4 %

The stock has a market cap of $1.57 billion, a P/E ratio of 19.12 and a beta of 0.80. The firm has a 50-day simple moving average of $106.07 and a two-hundred day simple moving average of $100.85.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Salem Investment Counselors Inc. bought a new position in shares of First Trust Health Care AlphaDEX Fund in the second quarter worth $28,000. Impact Partnership Wealth LLC acquired a new stake in First Trust Health Care AlphaDEX Fund in the third quarter valued at about $27,000. Anchor Investment Management LLC acquired a new stake in First Trust Health Care AlphaDEX Fund in the fourth quarter valued at about $33,000. CENTRAL TRUST Co acquired a new stake in First Trust Health Care AlphaDEX Fund in the third quarter valued at about $32,000. Finally, Principal Securities Inc. acquired a new stake in First Trust Health Care AlphaDEX Fund in the fourth quarter valued at about $35,000.

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.