First Trust Advisors LP Raises Stake in First Trust Exchange Traded AlphaDEX Fund II (FSZ)

First Trust Advisors LP lifted its position in shares of First Trust Exchange Traded AlphaDEX Fund II (NASDAQ:FSZ) by 8.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,189,984 shares of the company’s stock after buying an additional 242,441 shares during the quarter. First Trust Advisors LP owned approximately 67.87% of First Trust Exchange Traded AlphaDEX Fund II worth $168,230,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FSZ. HL Financial Services LLC lifted its stake in shares of First Trust Exchange Traded AlphaDEX Fund II by 23.1% during the 4th quarter. HL Financial Services LLC now owns 9,285 shares of the company’s stock worth $490,000 after purchasing an additional 1,741 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of First Trust Exchange Traded AlphaDEX Fund II by 443.3% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 45,027 shares of the company’s stock worth $2,375,000 after purchasing an additional 36,740 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of First Trust Exchange Traded AlphaDEX Fund II by 23.0% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 16,457 shares of the company’s stock worth $845,000 after purchasing an additional 3,080 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of First Trust Exchange Traded AlphaDEX Fund II by 26.2% in the second quarter. Royal Bank of Canada now owns 13,689 shares of the company’s stock worth $668,000 after purchasing an additional 2,840 shares during the last quarter.

Shares of First Trust Exchange Traded AlphaDEX Fund II (NASDAQ FSZ) traded down $0.98 during trading on Wednesday, reaching $53.72. The company had a trading volume of 11,400 shares, compared to its average volume of 14,068. First Trust Exchange Traded AlphaDEX Fund II has a 52-week low of $42.87 and a 52-week high of $56.74.

Separately, Canaccord Genuity restated a “buy” rating and issued a $16.50 price objective on shares of First Trust Exchange Traded AlphaDEX Fund II in a research note on Sunday, December 3rd.

ILLEGAL ACTIVITY NOTICE: “First Trust Advisors LP Raises Stake in First Trust Exchange Traded AlphaDEX Fund II (FSZ)” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States & international copyright & trademark law. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/21/first-trust-advisors-lp-has-168-23-million-stake-in-first-trust-exchange-traded-alphadex-fund-ii-fsz.html.

Institutional Ownership by Quarter for First Trust Exchange Traded AlphaDEX Fund II (NASDAQ:FSZ)

Receive News & Ratings for First Trust Exchange Traded AlphaDEX Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Exchange Traded AlphaDEX Fund II and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply