First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Hits New 1-Year High – Here’s Why

Shares of First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) reached a new 52-week high on Wednesday . The company traded as high as $65.93 and last traded at $65.87, with a volume of 4326 shares traded. The stock had previously closed at $65.16.

First Trust Consumer Discretionary AlphaDEX Fund Stock Up 0.1 %

The business has a 50 day simple moving average of $62.90 and a two-hundred day simple moving average of $61.06. The firm has a market cap of $1.62 billion, a PE ratio of 14.10 and a beta of 1.26.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. TriaGen Wealth Management LLC grew its position in shares of First Trust Consumer Discretionary AlphaDEX Fund by 0.7% during the 3rd quarter. TriaGen Wealth Management LLC now owns 40,132 shares of the company’s stock worth $2,540,000 after buying an additional 284 shares in the last quarter. Benjamin Edwards Inc. boosted its position in First Trust Consumer Discretionary AlphaDEX Fund by 12.6% during the second quarter. Benjamin Edwards Inc. now owns 2,883 shares of the company’s stock valued at $173,000 after purchasing an additional 322 shares in the last quarter. Stephens Inc. AR boosted its position in First Trust Consumer Discretionary AlphaDEX Fund by 2.4% during the third quarter. Stephens Inc. AR now owns 13,995 shares of the company’s stock valued at $886,000 after purchasing an additional 328 shares in the last quarter. International Assets Investment Management LLC boosted its position in First Trust Consumer Discretionary AlphaDEX Fund by 9.8% during the second quarter. International Assets Investment Management LLC now owns 4,768 shares of the company’s stock valued at $286,000 after purchasing an additional 426 shares in the last quarter. Finally, Raymond James & Associates boosted its position in First Trust Consumer Discretionary AlphaDEX Fund by 0.3% during the second quarter. Raymond James & Associates now owns 255,714 shares of the company’s stock valued at $15,320,000 after purchasing an additional 643 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.