First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ) Trading Down 0%

First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ)’s share price was down 0% during mid-day trading on Wednesday . The stock traded as low as $67.07 and last traded at $67.54. Approximately 14,383 shares traded hands during trading, a decline of 69% from the average daily volume of 46,671 shares. The stock had previously closed at $67.56.

First Trust Materials AlphaDEX Fund Trading Up 0.6 %

The company has a market capitalization of $412.73 million, a price-to-earnings ratio of 9.11 and a beta of 1.10. The company’s 50 day simple moving average is $68.63 and its 200-day simple moving average is $65.90.

Institutional Investors Weigh In On First Trust Materials AlphaDEX Fund

A number of hedge funds and other institutional investors have recently modified their holdings of FXZ. AE Wealth Management LLC grew its holdings in shares of First Trust Materials AlphaDEX Fund by 34.1% during the third quarter. AE Wealth Management LLC now owns 13,336 shares of the company’s stock worth $841,000 after buying an additional 3,388 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of First Trust Materials AlphaDEX Fund by 36.3% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 175,925 shares of the company’s stock worth $11,089,000 after acquiring an additional 46,850 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of First Trust Materials AlphaDEX Fund by 4.9% in the third quarter. Stratos Wealth Partners LTD. now owns 7,119 shares of the company’s stock worth $449,000 after acquiring an additional 334 shares during the last quarter. Monument Capital Management boosted its position in shares of First Trust Materials AlphaDEX Fund by 9.6% in the third quarter. Monument Capital Management now owns 8,031 shares of the company’s stock worth $506,000 after acquiring an additional 701 shares during the last quarter. Finally, Csenge Advisory Group boosted its position in shares of First Trust Materials AlphaDEX Fund by 48.5% in the third quarter. Csenge Advisory Group now owns 14,008 shares of the company’s stock worth $883,000 after acquiring an additional 4,578 shares during the last quarter.

About First Trust Materials AlphaDEX Fund

The First Trust Materials AlphaDEX Fund (FXZ) is an exchange-traded fund that is based on the StrataQuant Materials index. The fund tracks a tiered, equal-weighted index of large- and mid-cap basic materials firms in the US. Holdings are selected and weighted based on growth and value metrics. FXZ was launched on May 8, 2007 and is managed by First Trust.