First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Shares Up 0.5% – Still a Buy?

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) shot up 0.5% during trading on Wednesday . The stock traded as high as $62.85 and last traded at $62.60. 17,630 shares traded hands during trading, a decline of 67% from the average session volume of 54,029 shares. The stock had previously closed at $62.29.

First Trust Consumer Discretionary AlphaDEX Fund Price Performance

The business’s fifty day moving average price is $60.93 and its 200 day moving average price is $60.60. The stock has a market cap of $1.55 billion, a P/E ratio of 14.10 and a beta of 1.26.

Institutional Investors Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

Institutional investors have recently modified their holdings of the company. Centaurus Financial Inc. acquired a new position in First Trust Consumer Discretionary AlphaDEX Fund in the fourth quarter valued at $154,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 4th quarter valued at about $202,000. Monument Capital Management boosted its position in shares of First Trust Consumer Discretionary AlphaDEX Fund by 439.2% during the 1st quarter. Monument Capital Management now owns 60,062 shares of the company’s stock valued at $3,876,000 after purchasing an additional 48,923 shares in the last quarter. Trust Co. of Oklahoma grew its stake in First Trust Consumer Discretionary AlphaDEX Fund by 88.6% during the first quarter. Trust Co. of Oklahoma now owns 16,808 shares of the company’s stock worth $1,085,000 after purchasing an additional 7,897 shares during the period. Finally, Kesler Norman & Wride LLC increased its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 5.4% in the first quarter. Kesler Norman & Wride LLC now owns 7,150 shares of the company’s stock worth $461,000 after purchasing an additional 366 shares in 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.