ETF Reporting: The Net Inflows Of First Trust Energy AlphaDEX Fd (ETF) Point to $162.04M Net Flows Due To 10.75% Assets Increase

ETF Reporting: The Net Inflows Of First Trust Energy AlphaDEX Fd (ETF) Point to $162.04M Net Flows Due To 10.75% Assets Increase

Today were published First Trust Energy AlphaDEX Fd (ETF) (NYSEARCA:FXN)‘s daily net flows. The ETF registered $162.04M asset inflows for 10.75% increase, reaching $1668.76M after yestarday’s trading session. The chart of First Trust Energy AlphaDEX Fd (ETF) shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The ETF increased 2.50% or $0.38 on October 5, hitting $15.6. It is down 18.18% since March 3, 2016 and is uptrending. It has outperformed by 9.84% the S&P500.

The ETF’s YTD performance is 7.18%, the 1 year is -9.74% and the 3 year is -11.39%.

The ETF’s average P/E ratio is 14.16, the price to book is 0.96, the price to sales is 0.67 and the price to cashflow is 3.83. First Trust Energy AlphaDEX Fd (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Marathon Petroleum Corporation for 3.77% of assets, HollyFrontier Corporation Commo for 3.67%, Valero Energy Corporation Commo for 3.66%, Tesoro Corporation Common Stock for 3.39%, Phillips 66 Common Stock for 3.33%, Antero Resources Corporation Co for 3.31%, Dril-Quip Inc. Common Stock for 3.20%, WPX Energy Inc. Common Stock for 3.16%, Parsley Energy Inc. Class A Co for 3.06%, SM Energy Company Common Stock for 2.84%. The ETF sector weights are: Energy 97.37%, Technology 2.63%. The ETF currently as 0% yield.

More recent First Trust Energy AlphaDEX Fd (ETF) (NYSEARCA:FXN) news were published by: Nasdaq.com which released: “FXN, MPC, VLO, HFC: ETF Inflow Alert” on October 05, 2016. Also Seekingalpha.com published the news titled: “First Trust AlphaDEX ETFs: 18-Month Score Card” on July 31, 2016. Forbes.com‘s news article titled: “The Implied Analyst 12-Month Target For FXN” with publication date: September 08, 2016 was also an interesting one.

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