First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Stock Price Down 0.5% – What’s Next?

Shares of First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) fell 0.5% during trading on Friday . The stock traded as low as $63.11 and last traded at $63.19. 5,732 shares were traded during mid-day trading, a decline of 78% from the average session volume of 25,950 shares. The stock had previously closed at $63.50.

First Trust Consumer Staples AlphaDEX Fund Trading Down 0.5 %

The business’s 50-day simple moving average is $64.21 and its two-hundred day simple moving average is $66.09. The firm has a market cap of $281.20 million, a price-to-earnings ratio of 17.29 and a beta of 0.67.

Institutional Investors Weigh In On First Trust Consumer Staples AlphaDEX Fund

Several large investors have recently modified their holdings of FXG. Jones Financial Companies Lllp grew its holdings in First Trust Consumer Staples AlphaDEX Fund by 68.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,057 shares of the company’s stock worth $68,000 after acquiring an additional 429 shares during the period. Park Square Financial Group LLC bought a new stake in shares of First Trust Consumer Staples AlphaDEX Fund during the 4th quarter valued at about $115,000. LaSalle St. Investment Advisors LLC acquired a new stake in First Trust Consumer Staples AlphaDEX Fund during the fourth quarter worth approximately $200,000. Canal Capital Management LLC bought a new stake in First Trust Consumer Staples AlphaDEX Fund in the fourth quarter worth approximately $206,000. Finally, Benjamin Edwards Inc. acquired a new position in First Trust Consumer Staples AlphaDEX Fund in the fourth quarter valued at approximately $213,000.

About First Trust Consumer Staples AlphaDEX Fund

First Trust Consumer Staples 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 Staples 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.