First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Stock Price Up 0.8% – Should You Buy?

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD)’s stock price rose 0.8% on Monday . The stock traded as high as $67.01 and last traded at $66.99. Approximately 33,138 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 56,727 shares. The stock had previously closed at $66.46.

First Trust Consumer Discretionary AlphaDEX Fund Stock Down 0.1 %

The firm’s 50 day simple moving average is $66.22 and its two-hundred day simple moving average is $63.31. The stock has a market capitalization of $1.66 billion, a P/E ratio of 14.10 and a beta of 1.26.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

Several institutional investors have recently made changes to their positions in FXD. Navellier & Associates Inc. purchased a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the 3rd quarter worth about $2,730,000. Schrum Private Wealth Management LLC increased its position in shares of First Trust Consumer Discretionary AlphaDEX Fund by 93.1% during the 3rd quarter. Schrum Private Wealth Management LLC now owns 28,012 shares of the company’s stock valued at $1,773,000 after purchasing an additional 13,506 shares during the last quarter. Proactive Wealth Strategies LLC bought a new stake in First Trust Consumer Discretionary AlphaDEX Fund in the 3rd quarter worth approximately $1,521,000. Creative Planning purchased a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 3rd quarter valued at $204,000. Finally, Stephens Inc. AR boosted its position in First Trust Consumer Discretionary AlphaDEX Fund by 2.4% during the third quarter. Stephens Inc. AR now owns 13,995 shares of the company’s stock valued at $886,000 after buying an additional 328 shares during the period.

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.