First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $108.39 and traded as high as $111.70. First Trust Health Care AlphaDEX Fund shares last traded at $111.37, with a volume of 22,175 shares traded.

First Trust Health Care AlphaDEX Fund Trading Down 0.0 %

The company has a market capitalization of $1.33 billion, a P/E ratio of 19.31 and a beta of 0.76. The business’s fifty day moving average price is $109.64 and its 200 day moving average price is $108.43.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FXH. Valley Wealth Managers Inc. acquired a new position in shares of First Trust Health Care AlphaDEX Fund during the 3rd quarter worth about $26,000. Fifth Third Bancorp acquired a new position in First Trust Health Care AlphaDEX Fund during the second quarter valued at approximately $33,000. CX Institutional bought a new position in First Trust Health Care AlphaDEX Fund in the second quarter valued at approximately $36,000. GAMMA Investing LLC grew its stake in First Trust Health Care AlphaDEX Fund by 1,500.0% in the second quarter. GAMMA Investing LLC now owns 544 shares of the company’s stock valued at $57,000 after purchasing an additional 510 shares in the last quarter. Finally, Truvestments Capital LLC acquired a new position in shares of First Trust Health Care AlphaDEX Fund during the 3rd quarter worth approximately $90,000.

About First Trust Health Care AlphaDEX Fund

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.