First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Reaches New 1-Year Low – Here’s What Happened

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH)’s stock price hit a new 52-week low on Friday . The stock traded as low as $97.91 and last traded at $98.29, with a volume of 3482 shares. The stock had previously closed at $101.68.

First Trust Health Care AlphaDEX Fund Trading Down 5.1 %

The firm’s fifty day moving average price is $106.54 and its 200-day moving average price is $107.91. The firm has a market cap of $902.37 million, a price-to-earnings ratio of 15.95 and a beta of 0.78.

Hedge Funds Weigh In On First Trust Health Care AlphaDEX Fund

Several large investors have recently bought and sold shares of FXH. Tucker Asset Management LLC grew its position in shares of First Trust Health Care AlphaDEX Fund by 16.8% during the fourth quarter. Tucker Asset Management LLC now owns 710 shares of the company’s stock worth $74,000 after acquiring an additional 102 shares during the last quarter. MGO One Seven LLC grew its position in First Trust Health Care AlphaDEX Fund by 3.2% during the 4th quarter. MGO One Seven LLC now owns 3,537 shares of the company’s stock worth $368,000 after purchasing an additional 109 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its stake in First Trust Health Care AlphaDEX Fund by 3.0% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 3,869 shares of the company’s stock valued at $433,000 after purchasing an additional 112 shares during the period. Private Client Services LLC raised its holdings in shares of First Trust Health Care AlphaDEX Fund by 7.2% in the fourth quarter. Private Client Services LLC now owns 2,186 shares of the company’s stock valued at $228,000 after buying an additional 146 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of First Trust Health Care AlphaDEX Fund by 0.6% during the fourth quarter. Stifel Financial Corp now owns 24,339 shares of the company’s stock worth $2,535,000 after buying an additional 151 shares during the period.

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.