First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Sees Unusually-High Trading Volume – What’s Next?

Shares of First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) saw an uptick in trading volume on Tuesday . 179,317 shares were traded during mid-day trading, an increase of 45% from the previous session’s volume of 123,707 shares.The stock last traded at $58.04 and had previously closed at $57.89.

First Trust Consumer Discretionary AlphaDEX Fund Stock Performance

The company has a market cap of $761.09 million, a P/E ratio of 14.58 and a beta of 1.28. The stock has a 50-day simple moving average of $63.18 and a 200 day simple moving average of $64.13.

First Trust Consumer Discretionary AlphaDEX Fund Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.1407 per share. The ex-dividend date of this dividend was Thursday, March 27th.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Proactive Wealth Strategies LLC boosted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 0.7% during the fourth quarter. Proactive Wealth Strategies LLC now owns 24,195 shares of the company’s stock valued at $1,564,000 after purchasing an additional 166 shares in the last quarter. US Bancorp DE boosted its stake in First Trust Consumer Discretionary AlphaDEX Fund by 51.5% in the 4th quarter. US Bancorp DE now owns 503 shares of the company’s stock valued at $33,000 after buying an additional 171 shares in the last quarter. Kovack Advisors Inc. grew its position in First Trust Consumer Discretionary AlphaDEX Fund by 3.5% in the fourth quarter. Kovack Advisors Inc. now owns 5,864 shares of the company’s stock valued at $379,000 after acquiring an additional 198 shares during the period. Allworth Financial LP grew its position in First Trust Consumer Discretionary AlphaDEX Fund by 44.8% in the fourth quarter. Allworth Financial LP now owns 821 shares of the company’s stock valued at $54,000 after acquiring an additional 254 shares during the period. Finally, Tudor Financial Inc. raised its stake in First Trust Consumer Discretionary AlphaDEX Fund by 2.5% during the fourth quarter. Tudor Financial Inc. now owns 10,901 shares of the company’s stock worth $705,000 after acquiring an additional 264 shares in the last quarter.

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.