First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ) Trading Down 0.2% – What’s Next?

First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ)’s stock price traded down 0.2% during mid-day trading on Thursday . The stock traded as low as $56.26 and last traded at $56.32. 27,911 shares were traded during trading, a decline of 12% from the average session volume of 31,851 shares. The stock had previously closed at $56.44.

First Trust Materials AlphaDEX Fund Stock Down 0.2%

The company has a 50-day moving average price of $54.04 and a two-hundred day moving average price of $56.36. The company has a market capitalization of $214.02 million, a PE ratio of 17.25 and a beta of 1.14.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its holdings in shares of First Trust Materials AlphaDEX Fund by 22.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,716 shares of the company’s stock valued at $151,000 after acquiring an additional 500 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of First Trust Materials AlphaDEX Fund by 141.8% during the 1st quarter. Jones Financial Companies Lllp now owns 7,415 shares of the company’s stock valued at $411,000 after buying an additional 4,348 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of First Trust Materials AlphaDEX Fund by 31.2% during the 1st quarter. Royal Bank of Canada now owns 66,097 shares of the company’s stock worth $3,665,000 after acquiring an additional 15,706 shares during the last quarter. Harbour Investments Inc. increased its stake in First Trust Materials AlphaDEX Fund by 6.1% in the first quarter. Harbour Investments Inc. now owns 22,781 shares of the company’s stock valued at $1,263,000 after acquiring an additional 1,315 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in First Trust Materials AlphaDEX Fund by 2.9% during the first quarter. Cetera Investment Advisers now owns 90,061 shares of the company’s stock valued at $4,994,000 after purchasing an additional 2,530 shares in the last quarter.

First Trust Materials AlphaDEX Fund Company Profile

The First Trust Materials AlphaDEX Fund (FXZ) is an exchange-traded fund that is based on the StrataQuant Materials index. The fund tracks a tiered, equal-weighted index of large- and mid-cap basic materials firms in the US. Holdings are selected and weighted based on growth and value metrics. FXZ was launched on May 8, 2007 and is managed by First Trust.