First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sets New 12-Month High – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares reached a new 52-week high on Thursday . The company traded as high as $129.00 and last traded at $128.2340, with a volume of 244 shares traded. The stock had previously closed at $128.30.

First Trust Health Care AlphaDEX Fund Stock Down 0.4%

The stock has a market capitalization of $1.05 billion, a PE ratio of 16.75 and a beta of 0.73. The stock’s 50 day moving average price is $121.31 and its 200-day moving average price is $115.86.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FXH. Allied Private Wealth LLC purchased a new stake in First Trust Health Care AlphaDEX Fund in the 2nd quarter worth $37,000. Advisory Services Network LLC purchased a new position in shares of First Trust Health Care AlphaDEX Fund in the third quarter valued at about $42,000. O Shaughnessy Asset Management LLC lifted its position in shares of First Trust Health Care AlphaDEX Fund by 1,145.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock valued at $57,000 after acquiring an additional 458 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of First Trust Health Care AlphaDEX Fund by 1,822.7% in the second quarter. Smartleaf Asset Management LLC now owns 846 shares of the company’s stock valued at $87,000 after acquiring an additional 802 shares in the last quarter. Finally, NBC Securities Inc. boosted its stake in shares of First Trust Health Care AlphaDEX Fund by 18.8% in the fourth quarter. NBC Securities Inc. now owns 867 shares of the company’s stock worth $99,000 after acquiring an additional 137 shares during the period.

About First Trust Health Care AlphaDEX Fund

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.