First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) Trading Down 0.6% – Here’s What Happened

Shares of First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) were down 0.6% during mid-day trading on Tuesday . The company traded as low as $52.59 and last traded at $52.74. Approximately 136,875 shares changed hands during trading, a decline of 36% from the average daily volume of 212,748 shares. The stock had previously closed at $53.08.

First Trust Financial AlphaDEX Fund Trading Down 0.1 %

The stock has a market cap of $2.15 billion, a P/E ratio of 12.70 and a beta of 1.16. The company’s fifty day simple moving average is $54.95 and its 200-day simple moving average is $54.23.

Institutional Trading of First Trust Financial AlphaDEX Fund

Institutional investors have recently bought and sold shares of the business. Huntington National Bank boosted its position in shares of First Trust Financial AlphaDEX Fund by 570.6% during the fourth quarter. Huntington National Bank now owns 456 shares of the company’s stock worth $25,000 after purchasing an additional 388 shares in the last quarter. Crews Bank & Trust bought a new stake in First Trust Financial AlphaDEX Fund in the 4th quarter valued at $54,000. Horizon Bancorp Inc. IN lifted its position in First Trust Financial AlphaDEX Fund by 22.8% in the 4th quarter. Horizon Bancorp Inc. IN now owns 1,334 shares of the company’s stock valued at $72,000 after acquiring an additional 248 shares in the last quarter. US Bancorp DE lifted its position in First Trust Financial AlphaDEX Fund by 17.0% in the 4th quarter. US Bancorp DE now owns 1,356 shares of the company’s stock valued at $73,000 after acquiring an additional 197 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its position in First Trust Financial AlphaDEX Fund by 5,531.3% in the 4th quarter. Aptus Capital Advisors LLC now owns 1,802 shares of the company’s stock valued at $98,000 after acquiring an additional 1,770 shares in the last quarter.

About First Trust Financial AlphaDEX Fund

First Trust Financials AlphaDEX Fund (the Fund) is an exchange-traded fund. It seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Financials Index (the Index). The StrataQuant Financials 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.