First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Stock Price Up 1.2% – Here’s Why

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD)’s share price was up 1.2% during trading on Monday . The stock traded as high as $65.01 and last traded at $65.01. Approximately 5,630 shares changed hands during trading, a decline of 74% from the average daily volume of 21,925 shares. The stock had previously closed at $64.22.

First Trust Consumer Discretionary AlphaDEX Fund Trading Up 3.2%

The firm has a market cap of $265.76 million, a price-to-earnings ratio of 13.17 and a beta of 1.20. The company has a 50 day moving average of $67.24 and a 200 day moving average of $67.72.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC increased its stake in First Trust Consumer Discretionary AlphaDEX Fund by 0.8% during the 4th quarter. Kestra Advisory Services LLC now owns 17,884 shares of the company’s stock worth $1,223,000 after purchasing an additional 145 shares in the last quarter. Creative Planning bought a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the 2nd quarter worth approximately $299,000. Advisory Services Network LLC bought a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the 3rd quarter worth approximately $182,000. SHP Wealth Management bought a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the 4th quarter worth approximately $36,000. Finally, TradeWell Securities LLC. increased its stake in First Trust Consumer Discretionary AlphaDEX Fund by 6.8% during the 4th quarter. TradeWell Securities LLC. now owns 26,564 shares of the company’s stock worth $1,816,000 after purchasing an additional 1,684 shares in the last quarter.

About First Trust Consumer Discretionary AlphaDEX Fund

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.