First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) Stock Price Up 0.4% – Here’s What Happened

First Trust Financial AlphaDEX Fund (NYSEARCA:FXO)’s share price rose 0.4% during trading on Friday . The company traded as high as $56.85 and last traded at $56.73. Approximately 301,061 shares were traded during trading, a decline of 8% from the average daily volume of 325,971 shares. The stock had previously closed at $56.49.

First Trust Financial AlphaDEX Fund Trading Up 0.4 %

The stock has a 50 day simple moving average of $55.84 and a 200 day simple moving average of $52.69. The stock has a market cap of $1.05 billion, a P/E ratio of 12.74 and a beta of 1.00.

Institutional Investors Weigh In On First Trust Financial AlphaDEX Fund

A number of large investors have recently modified their holdings of FXO. Crews Bank & Trust acquired a new stake in shares of First Trust Financial AlphaDEX Fund in the 4th quarter valued at $54,000. Horizon Bancorp Inc. IN boosted its holdings in shares of First Trust Financial AlphaDEX Fund by 22.8% during 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. FMR LLC boosted its holdings in shares of First Trust Financial AlphaDEX Fund by 49.9% during the 3rd quarter. FMR LLC now owns 2,480 shares of the company’s stock valued at $127,000 after acquiring an additional 826 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of First Trust Financial AlphaDEX Fund by 501.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,885 shares of the company’s stock valued at $148,000 after acquiring an additional 2,405 shares in the last quarter. Finally, OLD National Bancorp IN acquired a new stake in shares of First Trust Financial AlphaDEX Fund during the 4th quarter valued at $205,000.

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.