First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) Shares Down 0.1% – Should You Sell?

First Trust Financial AlphaDEX Fund (NYSEARCA:FXO)’s stock price was down 0.1% during mid-day trading on Wednesday . The company traded as low as $54.01 and last traded at $54.13. Approximately 107,815 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 187,849 shares. The stock had previously closed at $54.16.

First Trust Financial AlphaDEX Fund Stock Down 0.1 %

The firm has a fifty day moving average of $55.72 and a 200-day moving average of $51.64. The firm has a market cap of $1.00 billion, a P/E ratio of 12.74 and a beta of 1.00.

Institutional Trading of First Trust Financial AlphaDEX Fund

A number of large investors have recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC bought a new stake in First Trust Financial AlphaDEX Fund in the second quarter valued at approximately $93,000. FMR LLC increased 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 worth $127,000 after acquiring an additional 826 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in First Trust Financial AlphaDEX Fund by 14.4% during the 2nd quarter. Benjamin Edwards Inc. now owns 2,794 shares of the company’s stock valued at $129,000 after purchasing an additional 351 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in 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 purchasing an additional 2,405 shares during the last quarter. Finally, Bellwether Advisors LLC bought a new position in First Trust Financial AlphaDEX Fund during the third quarter worth $208,000.

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.