First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Reaches New 12-Month Low – Should You Sell?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $66.25 and last traded at $66.69, with a volume of 26544 shares traded. The stock had previously closed at $71.10.

First Trust Industrials/Producer Durables AlphaDEX Fund Price Performance

The firm has a 50-day moving average of $73.95 and a 200 day moving average of $76.30. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of 20.03 and a beta of 1.22.

First Trust Industrials/Producer Durables AlphaDEX Fund Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.1107 dividend. The ex-dividend date of this dividend was Thursday, March 27th.

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

A number of institutional investors and hedge funds have recently modified their holdings of FXR. Northeast Planning Associates INC. NH acquired a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the fourth quarter worth approximately $1,009,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter worth approximately $627,000. Armis Advisers LLC bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter valued at $231,000. Sunbelt Securities Inc. lifted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 511.4% during the 4th quarter. Sunbelt Securities Inc. now owns 1,443 shares of the company’s stock valued at $108,000 after purchasing an additional 1,207 shares during the last quarter. Finally, Novak & Powell Financial Services Inc. boosted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 8.5% during the fourth quarter. Novak & Powell Financial Services Inc. now owns 5,100 shares of the company’s stock worth $382,000 after purchasing an additional 400 shares during the period.

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.