Raymond James & Associates trimmed its position in shares of First Trust Utilities AlphaDEX Fnd (NYSEARCA:FXU) by 62.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 577,244 shares of the company’s stock after selling 956,187 shares during the quarter. Raymond James & Associates owned 0.07% of First Trust Utilities AlphaDEX Fnd worth $15,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FXU. Koshinski Asset Management Inc. raised its holdings in First Trust Utilities AlphaDEX Fnd by 8.8% in the 4th quarter. Koshinski Asset Management Inc. now owns 28,697 shares of the company’s stock worth $747,000 after purchasing an additional 2,317 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in First Trust Utilities AlphaDEX Fnd by 51.3% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 154,758 shares of the company’s stock worth $4,027,000 after purchasing an additional 52,482 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in First Trust Utilities AlphaDEX Fnd by 127.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,553 shares of the company’s stock worth $196,000 after purchasing an additional 4,227 shares during the period. Ballew Advisors Inc bought a new position in First Trust Utilities AlphaDEX Fnd in the 4th quarter worth $387,000. Finally, RiverFront Investment Group LLC raised its holdings in First Trust Utilities AlphaDEX Fnd by 0.7% in the 4th quarter. RiverFront Investment Group LLC now owns 1,535,522 shares of the company’s stock worth $39,958,000 after purchasing an additional 10,492 shares during the period.

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First Trust Utilities AlphaDEX Fnd stock opened at $25.06 on Thursday. First Trust Utilities AlphaDEX Fnd has a twelve month low of $23.46 and a twelve month high of $28.59.

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About First Trust Utilities AlphaDEX Fnd

First Trust Utilities 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 Utilities 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.

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Institutional Ownership by Quarter for First Trust Utilities AlphaDEX Fnd (NYSEARCA:FXU)

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