First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Reaches New 52-Week High – What’s Next?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) hit a new 52-week high on Thursday . The stock traded as high as $77.88 and last traded at $77.70, with a volume of 2944 shares traded. The stock had previously closed at $77.68.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 0.2 %

The firm has a market cap of $2.13 billion, a price-to-earnings ratio of 20.05 and a beta of 1.07. The business has a 50 day moving average price of $73.07 and a 200-day moving average price of $70.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. O Dell Group LLC raised its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 0.5% during the first quarter. O Dell Group LLC now owns 310,952 shares of the company’s stock worth $22,687,000 after purchasing an additional 1,452 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 59.4% in the first quarter. Oppenheimer & Co. Inc. now owns 80,276 shares of the company’s stock worth $5,857,000 after acquiring an additional 29,923 shares during the last quarter. Private Advisor Group LLC boosted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 7.5% in the first quarter. Private Advisor Group LLC now owns 26,169 shares of the company’s stock valued at $1,909,000 after acquiring an additional 1,834 shares during the period. Advisory Services Network LLC grew its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 2.6% during the first quarter. Advisory Services Network LLC now owns 236,628 shares of the company’s stock valued at $17,264,000 after purchasing an additional 6,008 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 11.4% during the first quarter. Janney Montgomery Scott LLC now owns 167,834 shares of the company’s stock valued at $12,245,000 after purchasing an additional 17,144 shares during the last quarter.

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.