NewSquare Capital LLC raised its position in shares of First Trust Tech AlphaDEX Fnd (NYSEARCA:FXL) by 221,785.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 264,044 shares of the company’s stock after acquiring an additional 263,925 shares during the quarter. First Trust Tech AlphaDEX Fnd comprises 3.1% of NewSquare Capital LLC’s investment portfolio, making the stock its 11th biggest holding. NewSquare Capital LLC owned about 0.82% of First Trust Tech AlphaDEX Fnd worth $13,551,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Country Club Trust Company n.a. acquired a new stake in shares of First Trust Tech AlphaDEX Fnd in the 4th quarter worth about $288,000. Founders Financial Securities LLC purchased a new stake in First Trust Tech AlphaDEX Fnd in the 4th quarter valued at about $645,000. SPC Financial Inc. purchased a new stake in First Trust Tech AlphaDEX Fnd in the 4th quarter valued at about $1,385,000. IFP Advisors Inc increased its stake in shares of First Trust Tech AlphaDEX Fnd by 10.2% during the 4th quarter. IFP Advisors Inc now owns 28,410 shares of the company’s stock worth $1,458,000 after purchasing an additional 2,619 shares during the last quarter. Finally, Prospera Financial Services Inc increased its stake in shares of First Trust Tech AlphaDEX Fnd by 68.3% during the 4th quarter. Prospera Financial Services Inc now owns 32,881 shares of the company’s stock worth $1,747,000 after purchasing an additional 13,340 shares during the last quarter.
First Trust Tech AlphaDEX Fnd (NYSEARCA FXL) opened at $52.83 on Tuesday. First Trust Tech AlphaDEX Fnd has a fifty-two week low of $40.29 and a fifty-two week high of $56.56.
WARNING: “NewSquare Capital LLC Boosts Stake in First Trust Tech AlphaDEX Fnd (FXL)” was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/13/first-trust-tech-alphadex-fnd-fxl-stake-increased-by-newsquare-capital-llc.html.
First Trust Tech AlphaDEX Fnd Profile
First Trust Technology 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 Technology 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.
Receive News & Ratings for First Trust Tech AlphaDEX Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Tech AlphaDEX Fnd and related companies with MarketBeat.com's FREE daily email newsletter.