First Trust Energy AlphaDEX Fund (NYSEARCA:FXN) Stock Price Down 0.1% – What’s Next?

First Trust Energy AlphaDEX Fund (NYSEARCA:FXN) shares traded down 0.1% during trading on Wednesday . The company traded as low as $16.79 and last traded at $16.96. 571,472 shares traded hands during trading, an increase of 35% from the average session volume of 424,314 shares. The stock had previously closed at $16.97.

First Trust Energy AlphaDEX Fund Stock Performance

The company’s 50 day moving average price is $16.84 and its 200 day moving average price is $17.07. The company has a market cap of $593.60 million, a price-to-earnings ratio of 7.24 and a beta of 0.63.

Institutional Trading of First Trust Energy AlphaDEX Fund

Several large investors have recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC acquired a new stake in First Trust Energy AlphaDEX Fund during the 2nd quarter worth $54,000. Prospera Private Wealth LLC bought a new stake in shares of First Trust Energy AlphaDEX Fund in the third quarter valued at about $88,000. Creative Financial Designs Inc. ADV lifted its position in shares of First Trust Energy AlphaDEX Fund by 12.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 6,421 shares of the company’s stock worth $104,000 after purchasing an additional 732 shares in the last quarter. Moors & Cabot Inc. boosted its position in First Trust Energy AlphaDEX Fund by 4.9% during the second quarter. Moors & Cabot Inc. now owns 12,915 shares of the company’s stock valued at $235,000 after purchasing an additional 607 shares during the last quarter. Finally, Global Assets Advisory LLC bought a new position in shares of First Trust Energy AlphaDEX Fund in the third quarter valued at $391,000.

First Trust Energy AlphaDEX Fund Company Profile

The First Trust Energy AlphaDEX Fund (FXN) is an exchange-traded fund that is based on the StrataQuant Energy index. The fund tracks an index of large- and mid-cap US energy stocks. The underlying index uses multi-factor selection and tiered equal-weighting. FXN was launched on May 8, 2007 and is managed by First Trust.