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

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD)’s stock price was up 0.8% during mid-day trading on Monday . The stock traded as high as $67.01 and last traded at $66.99. Approximately 33,138 shares traded hands 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 Price Performance

The firm has a market cap of $1.65 billion, a PE ratio of 14.10 and a beta of 1.26. The firm has a 50-day simple moving average of $66.12 and a 200 day simple moving average of $63.24.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB purchased a new stake in First Trust Consumer Discretionary AlphaDEX Fund in the 3rd quarter worth $45,000. Gateway Wealth Partners LLC bought a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund in the fourth quarter worth about $203,000. Creative Planning purchased a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund during the third quarter worth about $204,000. TruWealth Advisors LLC bought a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the 3rd quarter valued at approximately $207,000. Finally, WealthBridge Capital Management LLC purchased a new position in First Trust Consumer Discretionary AlphaDEX Fund in the 3rd quarter worth approximately $214,000.

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.