First Trust Japan AlphaDEX Fund (NASDAQ:FJP) Stock Price Up 0.6%

First Trust Japan AlphaDEX Fund (NASDAQ:FJP) shot up 0.6% during trading on Wednesday . The stock traded as high as $53.96 and last traded at $53.56. 4,848 shares were traded during trading, a decline of 68% from the average session volume of 14,948 shares. The stock had previously closed at $53.25.

First Trust Japan AlphaDEX Fund Stock Performance

The firm has a fifty day moving average price of $51.93 and a 200 day moving average price of $52.66. The company has a market cap of $200.51 million, a price-to-earnings ratio of 7.05 and a beta of 0.67.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FJP. Great Valley Advisor Group Inc. bought a new position in shares of First Trust Japan AlphaDEX Fund during the 2nd quarter worth approximately $201,000. Sanctuary Advisors LLC acquired a new position in shares of First Trust Japan AlphaDEX Fund in the second quarter valued at $228,000. Patriot Financial Group Insurance Agency LLC raised its position in shares of First Trust Japan AlphaDEX Fund by 5.8% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 5,004 shares of the company’s stock valued at $258,000 after purchasing an additional 276 shares during the period. Hilltop Holdings Inc. lifted its stake in shares of First Trust Japan AlphaDEX Fund by 78.7% during the 4th quarter. Hilltop Holdings Inc. now owns 7,388 shares of the company’s stock worth $372,000 after buying an additional 3,254 shares during the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in shares of First Trust Japan AlphaDEX Fund by 29.9% during the 4th quarter. Orion Portfolio Solutions LLC now owns 9,650 shares of the company’s stock worth $497,000 after buying an additional 2,223 shares during the period.

First Trust Japan AlphaDEX Fund Company Profile

The First Trust Japan AlphaDEX Fund (FJP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Japan index. The fund tracks a tiered equal-weighted index of Japanese equities selected using both growth and value screens. FJP was launched on Apr 18, 2011 and is managed by First Trust.