First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Stock Price Down 0.3% – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares traded down 0.3% during trading on Monday . The stock traded as low as $109.97 and last traded at $110.70. 12,206 shares changed hands during trading, a decline of 57% from the average session volume of 28,693 shares. The stock had previously closed at $111.02.

First Trust Health Care AlphaDEX Fund Trading Down 0.3%

The company has a market cap of $907.74 million, a PE ratio of 16.75 and a beta of 0.78. The company has a fifty day simple moving average of $110.58 and a two-hundred day simple moving average of $105.18.

Institutional Trading of First Trust Health Care AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in FXH. First Heartland Consultants Inc. lifted its stake in First Trust Health Care AlphaDEX Fund by 1.4% in the third quarter. First Heartland Consultants Inc. now owns 9,420 shares of the company’s stock worth $1,033,000 after acquiring an additional 134 shares during the last quarter. Insight Advisors LLC PA increased its position in shares of First Trust Health Care AlphaDEX Fund by 3.0% in the 3rd quarter. Insight Advisors LLC PA now owns 3,789 shares of the company’s stock valued at $416,000 after purchasing an additional 110 shares during the last quarter. Kovack Advisors Inc. raised its holdings in shares of First Trust Health Care AlphaDEX Fund by 66.6% in the 3rd quarter. Kovack Advisors Inc. now owns 3,959 shares of the company’s stock valued at $434,000 after purchasing an additional 1,582 shares in the last quarter. Founders Financial Alliance LLC purchased a new stake in shares of First Trust Health Care AlphaDEX Fund during the 3rd quarter worth $55,000. Finally, Wedbush Securities Inc. purchased a new stake in shares of First Trust Health Care AlphaDEX Fund during the 3rd quarter worth $206,000.

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.