First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $67.77 and traded as high as $68.64. First Trust Consumer Discretionary AlphaDEX Fund shares last traded at $68.64, with a volume of 4,938 shares changing hands.

First Trust Consumer Discretionary AlphaDEX Fund Stock Up 3.2%

The company has a market capitalization of $264.26 million, a PE ratio of 13.17 and a beta of 1.13. The stock has a 50-day moving average of $66.53 and a 200 day moving average of $67.77.

Institutional Investors Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

Large investors have recently made changes to their positions in the business. International Assets Investment Management LLC raised its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 270.9% during the 3rd quarter. International Assets Investment Management LLC now owns 11,543 shares of the company’s stock worth $740,000 after purchasing an additional 8,431 shares during the period. Morey & Quinn Wealth Partners LLC grew its position in First Trust Consumer Discretionary AlphaDEX Fund by 3.7% during the third quarter. Morey & Quinn Wealth Partners LLC now owns 5,213 shares of the company’s stock valued at $334,000 after buying an additional 185 shares during the period. Signaturefd LLC purchased a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the third quarter worth about $26,000. TradeWell Securities LLC. increased its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 7.6% during the third quarter. TradeWell Securities LLC. now owns 34,947 shares of the company’s stock worth $2,241,000 after buying an additional 2,460 shares during the last quarter. Finally, Retirement Planning Group LLC bought a new stake in First Trust Consumer Discretionary AlphaDEX Fund in the third quarter worth about $500,000.

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.