First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Shares Up 0.3% – Still a Buy?

Shares of First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) rose 0.3% on Thursday . The company traded as high as $66.29 and last traded at $66.21. Approximately 13,005 shares changed hands during trading, a decline of 75% from the average daily volume of 51,918 shares. The stock had previously closed at $66.04.

First Trust Consumer Discretionary AlphaDEX Fund Stock Down 0.9 %

The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 14.10 and a beta of 1.26. The company’s fifty day moving average is $65.53 and its two-hundred day moving average is $62.39.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

A number of institutional investors have recently bought and sold shares of FXD. JPMorgan Chase & Co. boosted its stake in First Trust Consumer Discretionary AlphaDEX Fund by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 37,447 shares of the company’s stock valued at $2,370,000 after acquiring an additional 1,089 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the third quarter valued at approximately $45,000. World Investment Advisors LLC purchased a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund during the third quarter worth approximately $3,059,000. Tudor Financial Inc. acquired a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the 3rd quarter worth $673,000. Finally, Jane Street Group LLC increased its stake in First Trust Consumer Discretionary AlphaDEX Fund by 46.2% in the third quarter. Jane Street Group LLC now owns 29,230 shares of the company’s stock valued at $1,850,000 after purchasing an additional 9,238 shares during the period.

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.