First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Unusually-High Trading Volume – Time to Buy?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) shares saw unusually-high trading volume on Friday . Approximately 96,548 shares traded hands during trading, an increase of 70% from the previous session’s volume of 56,954 shares.The stock last traded at $69.58 and had previously closed at $71.03.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

The stock’s 50-day simple moving average is $74.49 and its 200 day simple moving average is $76.33. The company has a market capitalization of $1.74 billion, a PE ratio of 20.03 and a beta of 1.22.

First Trust Industrials/Producer Durables AlphaDEX Fund Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $0.1107 dividend. The ex-dividend date is Thursday, March 27th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Elevation Wealth Partners LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the fourth quarter valued at $62,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter worth about $65,000. Sunbelt Securities Inc. lifted its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 511.4% in the 4th quarter. Sunbelt Securities Inc. now owns 1,443 shares of the company’s stock valued at $108,000 after purchasing an additional 1,207 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter valued at about $120,000. Finally, Advisors Preferred LLC purchased a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter worth approximately $148,000.

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.