First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Stock Price Down 0.4% – Time to Sell?

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD – Get Free Report) was down 0.4% during trading on Wednesday. The stock traded as low as $66.22 and last traded at $66.48. 21,287 shares changed hands during trading, an increase of 57% from the average session volume of 13,582 shares. The stock had previously closed at $66.78.

First Trust Consumer Discretionary AlphaDEX Fund Trading Down 0.4%

The business has a 50-day moving average of $66.56 and a two-hundred day moving average of $67.78. The firm has a market cap of $255.95 million, a P/E ratio of 13.17 and a beta of 1.13.

Institutional Investors Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

A number of institutional investors have recently added to or reduced their stakes in FXD. Royal Bank of Canada increased its position 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 during the period. TradeWell Securities LLC. lifted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 7.6% during the 3rd quarter. TradeWell Securities LLC. now owns 34,947 shares of the company’s stock worth $2,241,000 after buying an additional 2,460 shares during the period. Kestra Advisory Services LLC lifted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 6.4% during the 1st quarter. Kestra Advisory Services LLC now owns 19,034 shares of the company’s stock worth $1,219,000 after buying an additional 1,150 shares during the period. International Assets Investment Management LLC lifted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 270.9% during the 3rd quarter. International Assets Investment Management LLC now owns 11,543 shares of the company’s stock worth $740,000 after buying an additional 8,431 shares during the period. Finally, Retirement Planning Group LLC bought a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 3rd quarter valued at about $500,000.

About First Trust Consumer Discretionary AlphaDEX Fund

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for First Trust Consumer Discretionary 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 Discretionary AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.