First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Shares Down 1.4% – Here’s What Happened

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) shares were down 1.4% on Tuesday . The stock traded as low as $62.50 and last traded at $62.62. 23,298 shares were traded during trading, a decline of 1% from the average daily volume of 23,559 shares. The stock had previously closed at $63.48.

First Trust Consumer Staples AlphaDEX Fund Stock Performance

The company has a market cap of $234.82 million, a PE ratio of 15.10 and a beta of 0.49. The company’s 50-day simple moving average is $62.25 and its 200 day simple moving average is $63.62.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FXG. Jane Street Group LLC acquired a new stake in First Trust Consumer Staples AlphaDEX Fund in the 2nd quarter valued at about $426,000. Benjamin Edwards Inc. purchased a new stake in shares of First Trust Consumer Staples AlphaDEX Fund during the second quarter worth approximately $830,000. MML Investors Services LLC raised its holdings in First Trust Consumer Staples AlphaDEX Fund by 86.3% in the second quarter. MML Investors Services LLC now owns 20,998 shares of the company’s stock valued at $1,329,000 after acquiring an additional 9,727 shares in the last quarter. Global View Capital Management LLC raised its holdings in First Trust Consumer Staples AlphaDEX Fund by 51.4% in the second quarter. Global View Capital Management LLC now owns 5,408 shares of the company’s stock valued at $342,000 after acquiring an additional 1,837 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in First Trust Consumer Staples AlphaDEX Fund by 72.1% in the second quarter. Tower Research Capital LLC TRC now owns 11,616 shares of the company’s stock worth $735,000 after acquiring an additional 4,867 shares during the last quarter.

About First Trust Consumer Staples AlphaDEX Fund

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.