First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ) Stock Price Down 0%

First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ)’s share price traded down 0% during mid-day trading on Wednesday . The company traded as low as $67.07 and last traded at $67.54. 14,383 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 46,671 shares. The stock had previously closed at $67.56.

First Trust Materials AlphaDEX Fund Trading Down 0.0 %

The company has a market cap of $411.99 million, a P/E ratio of 9.11 and a beta of 1.10. The stock’s 50 day moving average is $68.53 and its 200-day moving average is $65.88.

Hedge Funds Weigh In On First Trust Materials AlphaDEX Fund

Several hedge funds and other institutional investors have recently bought and sold shares of FXZ. AE Wealth Management LLC increased its position in shares of First Trust Materials AlphaDEX Fund by 34.1% during the 3rd quarter. AE Wealth Management LLC now owns 13,336 shares of the company’s stock valued at $841,000 after purchasing an additional 3,388 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of First Trust Materials AlphaDEX Fund by 36.3% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 175,925 shares of the company’s stock valued at $11,089,000 after purchasing an additional 46,850 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of First Trust Materials AlphaDEX Fund by 4.9% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 7,119 shares of the company’s stock valued at $449,000 after purchasing an additional 334 shares during the last quarter. Monument Capital Management increased its position in shares of First Trust Materials AlphaDEX Fund by 9.6% during the 3rd quarter. Monument Capital Management now owns 8,031 shares of the company’s stock valued at $506,000 after purchasing an additional 701 shares during the last quarter. Finally, Csenge Advisory Group increased its position in shares of First Trust Materials AlphaDEX Fund by 48.5% during the 3rd quarter. Csenge Advisory Group now owns 14,008 shares of the company’s stock valued at $883,000 after purchasing an additional 4,578 shares during the last quarter.

First Trust Materials AlphaDEX Fund Company Profile

The First Trust Materials AlphaDEX Fund (FXZ) is an exchange-traded fund that is based on the StrataQuant Materials index. The fund tracks a tiered, equal-weighted index of large- and mid-cap basic materials firms in the US. Holdings are selected and weighted based on growth and value metrics. FXZ was launched on May 8, 2007 and is managed by First Trust.