Canaccord Genuity Reaffirms “Buy” Rating for First Trust Switzerland AlphaDEX ETF (FSZ)

Canaccord Genuity reiterated their buy rating on shares of First Trust Switzerland AlphaDEX ETF (NASDAQ:FSZ) in a report issued on Sunday morning. Canaccord Genuity currently has a $16.50 target price on the stock.

Shares of First Trust Switzerland AlphaDEX ETF (FSZ) opened at $51.19 on Friday. First Trust Switzerland AlphaDEX ETF has a 12 month low of $39.41 and a 12 month high of $52.13.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. HL Financial Services LLC lifted its stake in shares of First Trust Switzerland AlphaDEX ETF by 23.2% during the 3rd quarter. HL Financial Services LLC now owns 7,544 shares of the company’s stock worth $388,000 after buying an additional 1,420 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of First Trust Switzerland AlphaDEX ETF by 23.0% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 16,457 shares of the company’s stock worth $845,000 after buying an additional 3,080 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of First Trust Switzerland AlphaDEX ETF by 9.2% during the 3rd quarter. First Trust Advisors LP now owns 2,947,543 shares of the company’s stock worth $151,415,000 after buying an additional 248,326 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in shares of First Trust Switzerland AlphaDEX ETF during the 2nd quarter worth about $1,718,000. Finally, Royal Bank of Canada lifted its stake in shares of First Trust Switzerland AlphaDEX ETF by 26.2% during the 2nd quarter. Royal Bank of Canada now owns 13,689 shares of the company’s stock worth $668,000 after buying an additional 2,840 shares during the last quarter.

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