First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Trading Down 0.2% – What’s Next?

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) shares traded down 0.2% on Wednesday . The company traded as low as $69.00 and last traded at $69.01. 27,547 shares changed hands during trading, an increase of 78% from the average session volume of 15,470 shares. The stock had previously closed at $69.17.

First Trust Consumer Discretionary AlphaDEX Fund Stock Down 0.2%

The stock has a fifty day moving average price of $67.30 and a two-hundred day moving average price of $68.00. The company has a market capitalization of $265.69 million, a price-to-earnings ratio of 13.17 and a beta of 1.12.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. SHP Wealth Management purchased a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund during the 4th quarter worth $36,000. Western Wealth Management LLC acquired a new position in First Trust Consumer Discretionary AlphaDEX Fund in the first quarter valued at $48,000. Sound Income Strategies LLC acquired a new position in First Trust Consumer Discretionary AlphaDEX Fund in the fourth quarter valued at $121,000. Fifth Third Bancorp purchased a new position in First Trust Consumer Discretionary AlphaDEX Fund during the first quarter worth about $145,000. Finally, Advisory Services Network LLC purchased a new position in First Trust Consumer Discretionary AlphaDEX Fund during the third quarter worth about $182,000.

First Trust Consumer Discretionary AlphaDEX Fund Company Profile

First Trust Consumer Discretionary 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 Consumer Discretionary 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. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.