First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Hits New 52-Week Low – What’s Next?

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $54.39 and last traded at $54.66, with a volume of 102889 shares. The stock had previously closed at $59.56.

First Trust Consumer Discretionary AlphaDEX Fund Stock Down 2.8 %

The company’s 50 day moving average price is $62.37 and its 200 day moving average price is $63.95. The firm has a market capitalization of $692.17 million, a price-to-earnings ratio of 14.58 and a beta of 1.28.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Armis Advisers LLC acquired a new position in First Trust Consumer Discretionary AlphaDEX Fund in the fourth quarter valued at approximately $231,000. WCG Wealth Advisors LLC increased its holdings in shares of First Trust Consumer Discretionary AlphaDEX Fund by 0.3% during the 4th quarter. WCG Wealth Advisors LLC now owns 117,404 shares of the company’s stock valued at $7,588,000 after purchasing an additional 307 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 5.4% in the 4th quarter. Cetera Investment Advisers now owns 30,132 shares of the company’s stock valued at $1,947,000 after purchasing an additional 1,539 shares during the period. Captrust Financial Advisors boosted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 13.8% during the fourth quarter. Captrust Financial Advisors now owns 10,400 shares of the company’s stock worth $672,000 after buying an additional 1,265 shares in the last quarter. Finally, Baird Financial Group Inc. grew its position in First Trust Consumer Discretionary AlphaDEX Fund by 1.4% during the fourth quarter. Baird Financial Group Inc. now owns 95,986 shares of the company’s stock valued at $6,204,000 after buying an additional 1,326 shares during the period.

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.