First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $67.77 and traded as high as $68.64. First Trust Consumer Discretionary AlphaDEX Fund shares last traded at $68.64, with a volume of 4,938 shares traded.

First Trust Consumer Discretionary AlphaDEX Fund Stock Performance

The firm’s 50 day moving average price is $66.51 and its two-hundred day moving average price is $67.75. The firm has a market cap of $263.57 million, a PE ratio of 13.17 and a beta of 1.13.

Hedge Funds Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

Large investors have recently modified their holdings of the business. International Assets Investment Management LLC raised its position in First Trust Consumer Discretionary AlphaDEX Fund by 270.9% in the third quarter. International Assets Investment Management LLC now owns 11,543 shares of the company’s stock valued at $740,000 after purchasing an additional 8,431 shares during the period. Retirement Planning Group LLC purchased a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund during the third quarter worth $500,000. Waverly Advisors LLC purchased a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund during the second quarter worth $348,000. Royal Bank of Canada boosted its position in shares of 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 buying an additional 2,498 shares during the period. Finally, TradeWell Securities LLC. grew its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 7.6% in the third quarter. TradeWell Securities LLC. now owns 34,947 shares of the company’s stock valued at $2,241,000 after buying an additional 2,460 shares in the last quarter.

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.