First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Stock Price Down 1.4% – Time to Sell?

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG)’s share price fell 1.4% on Tuesday . The company traded as low as $62.50 and last traded at $62.62. 23,298 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 23,559 shares. The stock had previously closed at $63.48.

First Trust Consumer Staples AlphaDEX Fund Trading Up 1.3%

The firm’s 50 day simple moving average is $62.22 and its 200-day simple moving average is $63.63. The stock has a market capitalization of $231.66 million, a price-to-earnings ratio of 15.10 and a beta of 0.49.

Institutional Trading of First Trust Consumer Staples AlphaDEX Fund

A number of hedge funds and other institutional investors have recently modified their holdings of FXG. Hilton Head Capital Partners LLC acquired a new position in First Trust Consumer Staples AlphaDEX Fund during the fourth quarter valued at approximately $25,000. Park Square Financial Group LLC boosted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 489.1% in the 4th quarter. Park Square Financial Group LLC now owns 701 shares of the company’s stock valued at $45,000 after buying an additional 582 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Consumer Staples AlphaDEX Fund in the 3rd quarter valued at approximately $49,000. O Shaughnessy Asset Management LLC grew its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 1,336.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,307 shares of the company’s stock valued at $79,000 after buying an additional 1,216 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake 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 buying an additional 215 shares in the last quarter.

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. 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.