First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Stock Price Up 0.4% – Still a Buy?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) shares traded up 0.4% during trading on Monday . The stock traded as high as $73.51 and last traded at $73.09. 22,792 shares changed hands during trading, a decline of 68% from the average session volume of 71,697 shares. The stock had previously closed at $72.83.

First Trust Industrials/Producer Durables AlphaDEX Fund Price Performance

The company has a market cap of $1.80 billion, a PE ratio of 17.93 and a beta of 1.16. The stock has a 50 day simple moving average of $68.54 and a two-hundred day simple moving average of $73.31.

Institutional Investors Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in FXR. Apeiron RIA LLC raised its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 4.0% during the first quarter. Apeiron RIA LLC now owns 20,914 shares of the company’s stock worth $1,456,000 after purchasing an additional 802 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 10.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,611 shares of the company’s stock valued at $112,000 after buying an additional 152 shares during the period. Jones Financial Companies Lllp raised its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 31.2% during the 1st quarter. Jones Financial Companies Lllp now owns 8,792 shares of the company’s stock worth $612,000 after buying an additional 2,093 shares during the last quarter. Comerica Bank lifted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 3.1% in the 1st quarter. Comerica Bank now owns 6,388 shares of the company’s stock worth $445,000 after acquiring an additional 193 shares during the period. Finally, Summit Financial LLC lifted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 752.3% in the 1st quarter. Summit Financial LLC now owns 96,844 shares of the company’s stock worth $6,744,000 after acquiring an additional 85,482 shares during the period.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

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.