First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG – Get Free Report) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 5,453 shares, a decrease of 75.8% from the June 30th total of 22,516 shares. Based on an average daily trading volume, of 11,368 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short.
First Trust Consumer Staples AlphaDEX Fund Stock Up 1.6%
First Trust Consumer Staples AlphaDEX Fund stock opened at $65.18 on Tuesday. The stock has a market cap of $231.39 million, a P/E ratio of 15.10 and a beta of 0.49. First Trust Consumer Staples AlphaDEX Fund has a twelve month low of $59.67 and a twelve month high of $69.50. The company’s 50-day moving average price is $62.63 and its two-hundred day moving average price is $63.99.
Hedge Funds Weigh In On First Trust Consumer Staples AlphaDEX Fund
Several institutional investors and hedge funds have recently made changes to their positions in FXG. Jane Street Group LLC acquired a new stake in First Trust Consumer Staples AlphaDEX Fund during the 2nd quarter worth approximately $426,000. Benjamin Edwards Inc. acquired a new position in First Trust Consumer Staples AlphaDEX Fund in the 2nd quarter valued at $830,000. MML Investors Services LLC grew its holdings in First Trust Consumer Staples AlphaDEX Fund by 86.3% in the 2nd quarter. MML Investors Services LLC now owns 20,998 shares of the company’s stock valued at $1,329,000 after buying an additional 9,727 shares in the last quarter. Global View Capital Management LLC grew its holdings in First Trust Consumer Staples AlphaDEX Fund by 51.4% in the 2nd quarter. Global View Capital Management LLC now owns 5,408 shares of the company’s stock valued at $342,000 after buying an additional 1,837 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its position in First Trust Consumer Staples AlphaDEX Fund by 72.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,616 shares of the company’s stock worth $735,000 after buying an additional 4,867 shares during the period.
First Trust Consumer Staples AlphaDEX Fund Company Profile
First Trust Consumer Staples 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 Staples 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.
See Also
- Five stocks we like better than First Trust Consumer Staples AlphaDEX Fund
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for First Trust Consumer Staples AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Consumer Staples AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.
