First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $61.73 and traded as high as $62.12. First Trust Consumer Staples AlphaDEX Fund shares last traded at $61.83, with a volume of 12,858 shares trading hands.

First Trust Consumer Staples AlphaDEX Fund Trading Up 1.4%

The stock has a 50 day simple moving average of $61.73 and a 200 day simple moving average of $63.60. The stock has a market cap of $210.22 million, a P/E ratio of 15.10 and a beta of 0.50.

Institutional Trading of First Trust Consumer Staples AlphaDEX Fund

Several large investors have recently modified their holdings of FXG. Milestones Private Investment Advisors LLC increased its stake in First Trust Consumer Staples AlphaDEX Fund by 2.6% in the first quarter. Milestones Private Investment Advisors LLC now owns 58,095 shares of the company’s stock valued at $3,702,000 after acquiring an additional 1,456 shares during the last quarter. Cetera Investment Advisers lifted its stake in First Trust Consumer Staples AlphaDEX Fund by 17.5% during the first quarter. Cetera Investment Advisers now owns 28,824 shares of the company’s stock worth $1,837,000 after purchasing an additional 4,297 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in First Trust Consumer Staples AlphaDEX Fund by 4.2% during the first quarter. Kestra Advisory Services LLC now owns 12,009 shares of the company’s stock worth $765,000 after purchasing an additional 488 shares during the last quarter. Private Advisor Group LLC lifted its stake in First Trust Consumer Staples AlphaDEX Fund by 5.7% during the first quarter. Private Advisor Group LLC now owns 8,614 shares of the company’s stock worth $549,000 after purchasing an additional 463 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of First Trust Consumer Staples AlphaDEX Fund in the 2nd quarter valued at $307,000.

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. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.