First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Sets New 1-Year High – Here’s What Happened

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) reached a new 52-week high during trading on Thursday . The stock traded as high as $68.78 and last traded at $68.61, with a volume of 5822 shares trading hands. The stock had previously closed at $68.52.

First Trust Consumer Discretionary AlphaDEX Fund Stock Performance

The business has a 50-day simple moving average of $64.33 and a two-hundred day simple moving average of $61.66. The stock has a market cap of $1.69 billion, a price-to-earnings ratio of 14.10 and a beta of 1.26.

Institutional Investors Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

Several large investors have recently made changes to their positions in FXD. International Assets Investment Management LLC raised its stake in First Trust Consumer Discretionary AlphaDEX Fund by 6,228.5% in the 3rd quarter. International Assets Investment Management LLC now owns 301,743 shares of the company’s stock valued at $19,097,000 after acquiring an additional 296,975 shares during the period. NewEdge Advisors LLC raised its stake in First Trust Consumer Discretionary AlphaDEX Fund by 7.5% in the 2nd quarter. NewEdge Advisors LLC now owns 296,294 shares of the company’s stock valued at $17,751,000 after acquiring an additional 20,605 shares during the period. Raymond James & Associates raised its stake in First Trust Consumer Discretionary AlphaDEX Fund by 0.3% in the 2nd quarter. Raymond James & Associates now owns 255,714 shares of the company’s stock valued at $15,320,000 after acquiring an additional 643 shares during the period. Nilsine Partners LLC raised its stake in First Trust Consumer Discretionary AlphaDEX Fund by 2.4% in the 2nd quarter. Nilsine Partners LLC now owns 243,886 shares of the company’s stock valued at $14,611,000 after acquiring an additional 5,651 shares during the period. Finally, Benjamin Edwards Inc. raised its stake in First Trust Consumer Discretionary AlphaDEX Fund by 6,499.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 190,270 shares of the company’s stock valued at $12,050,000 after acquiring an additional 187,387 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.