First Trust Financials AlphaDEX Fund (NYSEARCA:FXO) Shares Down 0.2% – What’s Next?

First Trust Financials AlphaDEX Fund (NYSEARCA:FXO) traded down 0.2% during trading on Tuesday . The company traded as low as $53.88 and last traded at $54.05. 69,625 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 254,394 shares. The stock had previously closed at $54.17.

First Trust Financials AlphaDEX Fund Price Performance

The company has a market cap of $2.08 billion, a P/E ratio of 12.82 and a beta of 1.03. The stock has a 50-day moving average of $51.57 and a 200 day moving average of $53.87.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FXO. US Bancorp DE grew its position in First Trust Financials AlphaDEX Fund by 17.0% in the fourth quarter. US Bancorp DE now owns 1,356 shares of the company’s stock valued at $73,000 after acquiring an additional 197 shares during the last quarter. Kingsview Wealth Management LLC grew its position in First Trust Financials AlphaDEX Fund by 0.8% in the fourth quarter. Kingsview Wealth Management LLC now owns 28,991 shares of the company’s stock valued at $1,569,000 after acquiring an additional 224 shares during the last quarter. Geneos Wealth Management Inc. grew its position in First Trust Financials AlphaDEX Fund by 2.6% in the first quarter. Geneos Wealth Management Inc. now owns 9,599 shares of the company’s stock valued at $509,000 after acquiring an additional 243 shares during the last quarter. Wagner Wealth Management LLC grew its position in First Trust Financials AlphaDEX Fund by 1.0% in the first quarter. Wagner Wealth Management LLC now owns 26,842 shares of the company’s stock valued at $1,423,000 after acquiring an additional 264 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC grew its position in First Trust Financials AlphaDEX Fund by 4.8% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 8,138 shares of the company’s stock valued at $440,000 after acquiring an additional 374 shares during the last quarter.

First Trust Financials AlphaDEX Fund Company Profile

First Trust Financials AlphaDEX Fund (the Fund) is an exchange-traded fund. It seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Financials Index (the Index). The StrataQuant Financials 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.