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

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

First Trust Consumer Staples AlphaDEX Fund Stock Performance

The company has a 50 day moving average of $67.52 and a 200-day moving average of $66.69. The stock has a market cap of $434.53 million, a price-to-earnings ratio of 16.86 and a beta of 0.46.

Institutional Investors Weigh In On First Trust Consumer Staples AlphaDEX Fund

Hedge funds have recently added to or reduced their stakes in the business. Bensler LLC boosted its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 17.6% in the 2nd quarter. Bensler LLC now owns 3,435 shares of the company’s stock valued at $221,000 after buying an additional 513 shares during the period. Concourse Financial Group Securities Inc. grew its holdings in First Trust Consumer Staples AlphaDEX Fund by 23.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 2,873 shares of the company’s stock worth $196,000 after acquiring an additional 543 shares in the last quarter. Private Advisor Group LLC increased its position in shares of First Trust Consumer Staples AlphaDEX Fund by 9.4% in the 2nd quarter. Private Advisor Group LLC now owns 7,977 shares of the company’s stock valued at $514,000 after purchasing an additional 683 shares during the last quarter. CWM LLC raised its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 58.3% in the 2nd quarter. CWM LLC now owns 2,159 shares of the company’s stock valued at $139,000 after purchasing an additional 795 shares in the last quarter. Finally, RPg Family Wealth Advisory LLC lifted its position in shares of First Trust Consumer Staples AlphaDEX Fund by 23.2% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 6,825 shares of the company’s stock worth $440,000 after purchasing an additional 1,286 shares during the last quarter.

About First Trust Consumer Staples AlphaDEX Fund

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.