First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) Sets New 12-Month High at $47.71

First Trust Financial AlphaDEX Fund (NYSEARCA:FXO) shares reached a new 52-week high on Thursday . The company traded as high as $47.71 and last traded at $47.68, with a volume of 74978 shares changing hands. The stock had previously closed at $46.85.

First Trust Financial AlphaDEX Fund Price Performance

The company has a market cap of $884.56 million, a price-to-earnings ratio of 12.74 and a beta of 1.00. The firm has a 50-day moving average price of $46.38 and a 200 day moving average price of $45.21.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. J.W. Cole Advisors Inc. lifted its position in First Trust Financial AlphaDEX Fund by 2.4% during the first quarter. J.W. Cole Advisors Inc. now owns 10,199 shares of the company’s stock worth $485,000 after purchasing an additional 240 shares during the period. Global Retirement Partners LLC lifted its holdings in shares of First Trust Financial AlphaDEX Fund by 3.9% during the 1st quarter. Global Retirement Partners LLC now owns 6,659 shares of the company’s stock worth $316,000 after acquiring an additional 253 shares during the period. Bison Wealth LLC boosted its position in shares of First Trust Financial AlphaDEX Fund by 6.0% during the 4th quarter. Bison Wealth LLC now owns 6,197 shares of the company’s stock worth $268,000 after acquiring an additional 351 shares in the last quarter. Lincoln National Corp increased its stake in First Trust Financial AlphaDEX Fund by 0.8% in the fourth quarter. Lincoln National Corp now owns 49,914 shares of the company’s stock valued at $2,161,000 after acquiring an additional 404 shares during the last quarter. Finally, VitalStone Financial LLC raised its position in First Trust Financial AlphaDEX Fund by 35.1% during the first quarter. VitalStone Financial LLC now owns 1,597 shares of the company’s stock valued at $76,000 after purchasing an additional 415 shares in the last quarter.

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.