First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Trading Down 0.5% – Should You Sell?

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) dropped 0.5% during mid-day trading on Tuesday . The stock traded as low as $79.59 and last traded at $79.62. Approximately 130,772 shares were traded during trading, an increase of 95% from the average daily volume of 67,160 shares. The stock had previously closed at $80.01.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

The firm’s 50 day moving average price is $78.68 and its 200-day moving average price is $74.99. The firm has a market capitalization of $1.86 billion, a PE ratio of 17.44 and a beta of 1.16.

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

Several hedge funds have recently modified their holdings of FXR. Strategic Blueprint LLC lifted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 5.2% in the 1st quarter. Strategic Blueprint LLC now owns 23,280 shares of the company’s stock valued at $1,621,000 after buying an additional 1,155 shares in the last quarter. Planning Directions Inc. purchased a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the 1st quarter valued at about $780,000. Stratos Wealth Partners LTD. lifted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 7.1% in the 1st quarter. Stratos Wealth Partners LTD. now owns 4,610 shares of the company’s stock valued at $321,000 after buying an additional 304 shares in the last quarter. TradeWell Securities LLC. lifted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 6.0% in the 1st quarter. TradeWell Securities LLC. now owns 18,763 shares of the company’s stock valued at $1,307,000 after buying an additional 1,061 shares in the last quarter. Finally, Realta Investment Advisors lifted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 7.0% in the 1st quarter. Realta Investment Advisors now owns 8,933 shares of the company’s stock valued at $622,000 after buying an additional 585 shares in the last quarter.

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.