First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Trading 0.9% Higher – What’s Next?

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG)’s stock price was up 0.9% during trading on Thursday . The company traded as high as $68.44 and last traded at $68.43. Approximately 9,692 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 25,226 shares. The stock had previously closed at $67.84.

First Trust Consumer Staples AlphaDEX Fund Price Performance

The firm’s 50 day moving average price is $67.54 and its two-hundred day moving average price is $66.71. The firm has a market cap of $437.58 million, a price-to-earnings ratio of 16.86 and a beta of 0.46.

Hedge Funds Weigh In On First Trust Consumer Staples AlphaDEX Fund

Large investors have recently bought and sold shares of the company. Stifel Financial Corp raised its position in First Trust Consumer Staples AlphaDEX Fund by 22.4% in the third quarter. Stifel Financial Corp now owns 67,437 shares of the company’s stock worth $4,608,000 after acquiring an additional 12,323 shares in the last quarter. Independent Advisor Alliance lifted its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 7.0% in the third quarter. Independent Advisor Alliance now owns 67,941 shares of the company’s stock valued at $4,642,000 after purchasing an additional 4,421 shares during the period. Schrum Private Wealth Management LLC boosted its holdings in First Trust Consumer Staples AlphaDEX Fund by 85.1% during the third quarter. Schrum Private Wealth Management LLC now owns 27,670 shares of the company’s stock worth $1,891,000 after buying an additional 12,723 shares in the last quarter. Proactive Wealth Strategies LLC purchased a new stake in First Trust Consumer Staples AlphaDEX Fund during the third quarter worth about $497,000. Finally, Sigma Planning Corp acquired a new stake in shares of First Trust Consumer Staples AlphaDEX Fund during the 3rd quarter valued at approximately $496,000.

First Trust Consumer Staples AlphaDEX Fund Company Profile

First Trust Consumer Staples 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 Staples 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.