First Trust Materials AlphaDEX Fund Price & Performance (FXZ)

The First Trust Emerging Markets Small Cap AlphaDEX Fund saw significant activity from hedge funds in Q4 2024, with notable increases in holdings by several firms. The fund also experienced a sharp 70.6% drop in short interest by the end of February, reflecting shifting investor sentiment.1

The First Trust Materials AlphaDEX Fund saw trading volume spike by 178% on March 4, despite its price dropping 1.7%. Institutional investors have been actively adjusting their holdings, with some acquiring new stakes. The fund's market cap currently stands at $241.08 million.2

The First Trust Europe AlphaDEX Fund experienced a 16.3% reduction in short interest in February. Institutional investors have been increasing their positions, with notable contributions from Envestnet Asset Management and Assetmark Inc. The fund’s stock has gained 4.4%, trading at $41.84 as of March 5.3