First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Stock Price Down 0.9% – What’s Next?

Shares of First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) traded down 0.9% during trading on Wednesday. The stock traded as low as $64.17 and last traded at $64.46. 7,794 shares changed hands during trading, a decline of 45% from the average session volume of 14,099 shares. The stock had previously closed at $65.06.

First Trust Consumer Discretionary AlphaDEX Fund Stock Down 0.9%

The company has a market cap of $241.72 million, a PE ratio of 13.17 and a beta of 1.13. The stock’s 50 day simple moving average is $67.86 and its two-hundred day simple moving average is $67.50.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in FXD. Waverly Advisors LLC acquired a new position in First Trust Consumer Discretionary AlphaDEX Fund in the second quarter valued at $348,000. Western Wealth Management LLC purchased a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the first quarter valued at about $48,000. Royal Bank of Canada increased its stake in First Trust Consumer Discretionary AlphaDEX Fund by 7.6% during the first quarter. Royal Bank of Canada now owns 35,331 shares of the company’s stock worth $2,262,000 after acquiring an additional 2,498 shares during the last quarter. Fifth Third Bancorp acquired a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the first quarter worth about $145,000. Finally, Kestra Advisory Services LLC raised its holdings 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 purchasing an additional 1,150 shares during the period.

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.