First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Reaches New 52-Week Low – What’s Next?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) hit a new 52-week low on Friday . The stock traded as low as $97.91 and last traded at $98.29, with a volume of 3482 shares. The stock had previously closed at $101.68.

First Trust Health Care AlphaDEX Fund Stock Performance

The stock has a market capitalization of $902.37 million, a PE ratio of 15.95 and a beta of 0.78. The business’s 50-day moving average is $106.54 and its two-hundred day moving average is $107.91.

Institutional Trading of First Trust Health Care AlphaDEX Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC boosted its holdings in First Trust Health Care AlphaDEX Fund by 7.4% in the 3rd quarter. FMR LLC now owns 2,975 shares of the company’s stock valued at $333,000 after purchasing an additional 204 shares in the last quarter. Quantinno Capital Management LP boosted its stake in shares of First Trust Health Care AlphaDEX Fund by 16.1% in the third quarter. Quantinno Capital Management LP now owns 9,927 shares of the company’s stock valued at $1,110,000 after buying an additional 1,375 shares in the last quarter. Jane Street Group LLC grew its holdings in First Trust Health Care AlphaDEX Fund by 43.5% during the third quarter. Jane Street Group LLC now owns 31,232 shares of the company’s stock worth $3,494,000 after acquiring an additional 9,470 shares during the period. Pine Valley Investments Ltd Liability Co raised its position in First Trust Health Care AlphaDEX Fund by 3.0% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 3,869 shares of the company’s stock worth $433,000 after acquiring an additional 112 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its holdings in First Trust Health Care AlphaDEX Fund by 6.0% in the third quarter. Sanctuary Advisors LLC now owns 8,527 shares of the company’s stock valued at $933,000 after acquiring an additional 480 shares during the period.

First Trust Health Care AlphaDEX Fund Company Profile

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.