First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Large Volume Increase – Here’s What Happened

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw unusually-high trading volume on Monday . Approximately 101,429 shares were traded during trading, an increase of 75% from the previous session’s volume of 57,904 shares.The stock last traded at $89.94 and had previously closed at $89.99.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Down 0.1%

The stock has a 50 day moving average of $87.02 and a 200 day moving average of $85.65. The firm has a market cap of $719.12 million, a price-to-earnings ratio of 17.44 and a beta of 1.08.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

A number of hedge funds have recently added to or reduced their stakes in FXR. Earned Wealth Advisors LLC bought a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter valued at $21,828,000. Virtue Capital Management LLC increased its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 167.8% in the fourth 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 during the period. BNP Paribas Financial Markets bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth approximately $3,903,000. Arkadios Wealth Advisors increased its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 705.6% in the 4th quarter. Arkadios Wealth Advisors now owns 50,075 shares of the company’s stock valued at $3,999,000 after acquiring an additional 43,859 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 8.8% during the first quarter. Bank of America Corp DE now owns 395,475 shares of the company’s stock valued at $32,283,000 after acquiring an additional 31,909 shares during the last quarter.

About First Trust Industrials/Producer Durables AlphaDEX Fund

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.