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

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) saw an uptick in trading volume on Tuesday . 179,317 shares traded hands during 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 firm has a market cap of $777.26 million, a price-to-earnings ratio of 14.58 and a beta of 1.28. The business has a fifty day moving average of $62.88 and a two-hundred day moving average of $64.08.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FXD. US Bancorp DE boosted its position in shares of 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 worth $33,000 after buying an additional 171 shares in the last quarter. National Bank of Canada FI purchased a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the fourth quarter valued at about $36,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the third quarter valued at approximately $45,000. Allworth Financial LP increased its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 44.8% during the 4th quarter. Allworth Financial LP now owns 821 shares of the company’s stock worth $54,000 after purchasing an additional 254 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of First Trust Consumer Discretionary AlphaDEX Fund by 48.8% during the 4th quarter. Jones Financial Companies Lllp now owns 841 shares of the company’s stock worth $54,000 after purchasing an additional 276 shares during 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.