First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Shares Down 0.5%

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) shares fell 0.5% during mid-day trading on Wednesday . The stock traded as low as $58.51 and last traded at $58.59. 39,991 shares were traded during mid-day trading, a decline of 43% from the average session volume of 69,678 shares. The stock had previously closed at $58.87.

First Trust Consumer Discretionary AlphaDEX Fund Trading Down 0.3 %

The firm has a market capitalization of $1.45 billion, a P/E ratio of 14.48 and a beta of 1.26. The business has a 50 day moving average of $61.45 and a 200-day moving average of $56.73.

Institutional Investors Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in FXD. Principal Securities Inc. bought a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the fourth quarter valued at about $33,000. Turtle Creek Wealth Advisors LLC bought a new stake in First Trust Consumer Discretionary AlphaDEX Fund in the 4th quarter valued at approximately $37,000. Citigroup Inc. boosted its position in First Trust Consumer Discretionary AlphaDEX Fund by 289.0% during the 3rd quarter. Citigroup Inc. now owns 778 shares of the company’s stock worth $40,000 after acquiring an additional 578 shares during the last quarter. NBC Securities Inc. acquired a new position in First Trust Consumer Discretionary AlphaDEX Fund during the 3rd quarter worth approximately $41,000. Finally, Tower Research Capital LLC TRC raised its holdings in shares of First Trust Consumer Discretionary AlphaDEX Fund by 724.7% in the second quarter. Tower Research Capital LLC TRC now owns 734 shares of the company’s stock valued at $41,000 after purchasing an additional 645 shares during the last quarter.

About First Trust Consumer Discretionary AlphaDEX Fund

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.