First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sees Unusually-High Trading Volume – Time to Buy?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares saw unusually-high trading volume on Monday . Approximately 54,744 shares traded hands during trading, an increase of 138% from the previous session’s volume of 23,015 shares.The stock last traded at $113.90 and had previously closed at $112.52.

First Trust Health Care AlphaDEX Fund Price Performance

The stock’s 50-day moving average price is $111.51 and its 200-day moving average price is $113.37. The company has a market cap of $861.71 million, a P/E ratio of 16.75 and a beta of 0.80.

Institutional Trading of First Trust Health Care AlphaDEX Fund

A number of institutional investors have recently bought and sold shares of FXH. Advisory Services Network LLC bought a new position in shares of First Trust Health Care AlphaDEX Fund during the third quarter worth approximately $42,000. Founders Financial Alliance LLC bought a new stake in shares of First Trust Health Care AlphaDEX Fund in the third quarter valued at approximately $55,000. O Shaughnessy Asset Management LLC grew its position in First Trust Health Care AlphaDEX Fund by 1,145.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock worth $57,000 after buying an additional 458 shares in the last quarter. Ameriflex Group Inc. grew its position in First Trust Health Care AlphaDEX Fund by 322.4% during the third quarter. Ameriflex Group Inc. now owns 642 shares of the company’s stock worth $70,000 after buying an additional 490 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. bought a new position in First Trust Health Care AlphaDEX Fund during the 3rd quarter worth $80,000.

First Trust Health Care AlphaDEX Fund Company Profile

The First Trust Health Care AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Health Care Index. The StrataQuant Health Care Index is an index developed, maintained and sponsored by the NYSE Group, Inc or its affiliates (NYSE), which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.