First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sets New 1-Year High – Still a Buy?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR)’s share price reached a new 52-week high on Monday . The stock traded as high as $83.26 and last traded at $83.23, with a volume of 1677 shares changing hands. The stock had previously closed at $82.15.

First Trust Industrials/Producer Durables AlphaDEX Fund Trading Up 0.3 %

The firm has a market capitalization of $2.28 billion, a PE ratio of 20.05 and a beta of 1.07. The company has a fifty day moving average price of $77.46 and a two-hundred day moving average price of $72.74.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Focused Wealth Management Inc acquired a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth approximately $35,000. GAMMA Investing LLC acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter worth approximately $50,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter worth approximately $65,000. Russell Investments Group Ltd. acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 1st quarter worth approximately $84,000. Finally, Benjamin Edwards Inc. grew its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 10.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 2,523 shares of the company’s stock worth $172,000 after acquiring an additional 242 shares during the period.

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.