First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Shares Up 1.2% – Here’s What Happened

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) shares shot up 1.2% during mid-day trading on Monday . The company traded as high as $65.01 and last traded at $65.01. 5,630 shares traded hands during trading, a decline of 74% from the average session volume of 21,925 shares. The stock had previously closed at $64.22.

First Trust Consumer Discretionary AlphaDEX Fund Stock Up 1.2%

The stock has a market cap of $260.04 million, a price-to-earnings ratio of 13.17 and a beta of 1.20. The business has a 50-day moving average of $67.35 and a 200-day moving average of $67.75.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

Several large investors have recently made changes to their positions in FXD. SHP Wealth Management bought a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund during the 4th quarter worth about $36,000. Sound Income Strategies LLC bought a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund during the 4th quarter worth about $121,000. Natural Investments LLC bought a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund during the 3rd quarter worth about $140,000. Advisory Services Network LLC bought a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund during the 3rd quarter worth about $182,000. Finally, Founders Financial Alliance LLC boosted its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 37.1% during the 3rd quarter. Founders Financial Alliance LLC now owns 3,140 shares of the company’s stock worth $214,000 after acquiring an additional 849 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. 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.