First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Trading Up 0.3% – Still a Buy?

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD)’s share price was up 0.3% during mid-day trading on Thursday . The company traded as high as $66.29 and last traded at $66.21. Approximately 13,005 shares changed hands during trading, a decline of 75% from the average daily volume of 51,918 shares. The stock had previously closed at $66.04.

First Trust Consumer Discretionary AlphaDEX Fund Price Performance

The company has a market cap of $1.64 billion, a price-to-earnings ratio of 14.10 and a beta of 1.26. The firm has a fifty day simple moving average of $65.46 and a 200 day simple moving average of $62.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. TriaGen Wealth Management LLC lifted its holdings in shares of First Trust Consumer Discretionary AlphaDEX Fund by 0.7% during the third 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 during the last quarter. Benjamin Edwards Inc. raised its stake in First Trust Consumer Discretionary AlphaDEX Fund by 12.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 2,883 shares of the company’s stock valued at $173,000 after purchasing an additional 322 shares during the last quarter. Stephens Inc. AR raised its stake in First Trust Consumer Discretionary AlphaDEX Fund by 2.4% during the 3rd quarter. Stephens Inc. AR now owns 13,995 shares of the company’s stock valued at $886,000 after purchasing an additional 328 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 9.8% in the 2nd 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 during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in First Trust Consumer Discretionary AlphaDEX Fund in the 3rd quarter worth $45,000.

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.