First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Stock Price Down 1.2% – What’s Next?

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) fell 1.2% on Wednesday . The company traded as low as $67.29 and last traded at $67.29. 10,718 shares changed hands during trading, a decline of 35% from the average session volume of 16,538 shares. The stock had previously closed at $68.11.

First Trust Consumer Discretionary AlphaDEX Fund Trading Down 1.2%

The stock has a 50-day simple moving average of $66.53 and a two-hundred day simple moving average of $67.82. The firm has a market capitalization of $265.80 million, a P/E ratio of 13.17 and a beta of 1.13.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. SHP Wealth Management bought a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 4th quarter worth $36,000. Western Wealth Management LLC bought a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 1st quarter worth $48,000. Sound Income Strategies LLC bought a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 4th quarter worth $121,000. Fifth Third Bancorp bought a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 1st quarter worth $145,000. Finally, Advisory Services Network LLC bought a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 3rd quarter worth $182,000.

About First Trust Consumer Discretionary AlphaDEX Fund

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.