First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Shares Down 0.8% – What’s Next?

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG)’s stock price fell 0.8% on Monday . The stock traded as low as $65.06 and last traded at $65.24. 34,492 shares changed hands during trading, an increase of 66% from the average daily volume of 20,817 shares. The stock had previously closed at $65.77.

First Trust Consumer Staples AlphaDEX Fund Stock Performance

The company has a market cap of $228.34 million, a price-to-earnings ratio of 15.10 and a beta of 0.49. The firm has a fifty day moving average price of $63.90 and a 200 day moving average price of $64.18.

Institutional Investors Weigh In On First Trust Consumer Staples AlphaDEX Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 11.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,132 shares of the company’s stock valued at $129,000 after buying an additional 215 shares during the period. Hilton Head Capital Partners LLC acquired a new position in First Trust Consumer Staples AlphaDEX Fund in the 4th quarter valued at approximately $25,000. Private Advisor Group LLC lifted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 5.7% during the first quarter. Private Advisor Group LLC now owns 8,614 shares of the company’s stock worth $549,000 after purchasing an additional 463 shares during the period. Kestra Advisory Services LLC grew its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 4.2% in the first quarter. Kestra Advisory Services LLC now owns 12,009 shares of the company’s stock worth $765,000 after purchasing an additional 488 shares during the last quarter. Finally, Park Square Financial Group LLC raised its position in First Trust Consumer Staples AlphaDEX Fund by 489.1% during the 4th quarter. Park Square Financial Group LLC now owns 701 shares of the company’s stock worth $45,000 after purchasing an additional 582 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.