First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Shares Down 0.6% – Should You Sell?

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD)’s share price fell 0.6% during mid-day trading on Wednesday . The stock traded as low as $65.04 and last traded at $65.28. Approximately 7,441 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 14,416 shares. The stock had previously closed at $65.66.

First Trust Consumer Discretionary AlphaDEX Fund Stock Performance

The stock has a market capitalization of $196.49 million, a price-to-earnings ratio of 13.17 and a beta of 1.12. The company’s 50 day moving average is $69.20 and its 200 day moving average is $67.62.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 191,455.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 501,876 shares of the company’s stock valued at $34,313,000 after buying an additional 501,614 shares during the period. Royal Bank of Canada raised its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 7.6% in the 1st quarter. Royal Bank of Canada now owns 35,331 shares of the company’s stock valued at $2,262,000 after acquiring an additional 2,498 shares in the last quarter. TradeWell Securities LLC. raised its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 6.8% in the 4th quarter. TradeWell Securities LLC. now owns 26,564 shares of the company’s stock valued at $1,816,000 after acquiring an additional 1,684 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of First Trust Consumer Discretionary AlphaDEX Fund by 6.4% in the 1st quarter. Kestra Advisory Services LLC now owns 19,034 shares of the company’s stock worth $1,219,000 after acquiring an additional 1,150 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 4th quarter worth approximately $383,000.

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.