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

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD)’s stock price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-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 traded.

First Trust Consumer Discretionary AlphaDEX Fund Stock Performance

The business has a 50 day simple moving average of $66.53 and a 200-day simple moving average of $67.77. The firm has a market cap of $264.26 million, a price-to-earnings ratio of 13.17 and a beta of 1.13.

Institutional Investors Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada boosted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 7.6% during the 1st quarter. Royal Bank of Canada now owns 35,331 shares of the company’s stock worth $2,262,000 after acquiring an additional 2,498 shares during the last quarter. TradeWell Securities LLC. lifted its position in shares of 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 valued at $2,241,000 after purchasing an additional 2,460 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 6.4% during the first quarter. Kestra Advisory Services LLC now owns 19,034 shares of the company’s stock worth $1,219,000 after purchasing an additional 1,150 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 270.9% during the third 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 last quarter. Finally, Retirement Planning Group LLC bought a new stake in First Trust Consumer Discretionary AlphaDEX Fund in the 3rd quarter worth about $500,000.

First Trust Consumer Discretionary AlphaDEX Fund Company Profile

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.