First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Shares Up 1.6% – Time to Buy?

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG)’s stock price shot up 1.6% during mid-day trading on Tuesday . The stock traded as high as $62.17 and last traded at $62.17. 26,700 shares traded hands during trading, an increase of 8% from the average session volume of 24,713 shares. The stock had previously closed at $61.21.

First Trust Consumer Staples AlphaDEX Fund Price Performance

The company has a 50-day simple moving average of $62.79 and a 200-day simple moving average of $63.54. The firm has a market cap of $233.14 million, a PE ratio of 15.10 and a beta of 0.49.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Stratos Wealth Partners LTD. boosted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 2.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 6,860 shares of the company’s stock valued at $416,000 after purchasing an additional 190 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 11.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,132 shares of the company’s stock valued at $129,000 after purchasing an additional 215 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in shares of First Trust Consumer Staples AlphaDEX Fund in the fourth quarter valued at approximately $25,000. Private Advisor Group LLC boosted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 5.7% in the first quarter. Private Advisor Group LLC now owns 8,614 shares of the company’s stock valued at $549,000 after purchasing an additional 463 shares during the period. Finally, Kestra Advisory Services LLC boosted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 4.2% in the first quarter. Kestra Advisory Services LLC now owns 12,009 shares of the company’s stock valued at $765,000 after purchasing an additional 488 shares during the period.

First Trust Consumer Staples AlphaDEX Fund Company Profile

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. 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.