First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Trading Up 0.6% – Time to Buy?

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) shares were up 0.6% on Thursday . The stock traded as high as $76.42 and last traded at $76.33. Approximately 62,163 shares traded hands during mid-day trading, a decline of 0% from the average daily volume of 62,385 shares. The stock had previously closed at $75.85.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 0.8 %

The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 20.05 and a beta of 1.07. The company’s 50 day simple moving average is $77.14 and its two-hundred day simple moving average is $76.06.

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

Institutional investors have recently bought and sold shares of the company. Kovack Advisors Inc. lifted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 2.7% during the fourth quarter. Kovack Advisors Inc. now owns 5,821 shares of the company’s stock valued at $435,000 after purchasing an additional 154 shares during the period. Arkadios Wealth Advisors lifted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 2.7% during the third quarter. Arkadios Wealth Advisors now owns 6,236 shares of the company’s stock valued at $472,000 after purchasing an additional 162 shares during the period. Rockefeller Capital Management L.P. lifted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 0.7% during the third quarter. Rockefeller Capital Management L.P. now owns 34,600 shares of the company’s stock valued at $2,621,000 after purchasing an additional 230 shares during the period. DAVENPORT & Co LLC lifted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 1.4% during the fourth quarter. DAVENPORT & Co LLC now owns 19,441 shares of the company’s stock valued at $1,454,000 after purchasing an additional 261 shares during the period. Finally, Harmony Asset Management LLC lifted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 1.5% during the third quarter. Harmony Asset Management LLC now owns 23,644 shares of the company’s stock valued at $1,791,000 after purchasing an additional 347 shares during the period.

About First Trust Industrials/Producer Durables AlphaDEX Fund

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.