First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Stock Price Up 0.4% – Time to Buy?

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG)’s share price rose 0.4% during trading on Monday . The stock traded as high as $64.57 and last traded at $64.53. Approximately 11,040 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 31,862 shares. The stock had previously closed at $64.29.

First Trust Consumer Staples AlphaDEX Fund Trading Up 0.4%

The firm has a fifty day simple moving average of $65.81 and a 200 day simple moving average of $63.45. The stock has a market cap of $238.76 million, a price-to-earnings ratio of 15.10 and a beta of 0.56.

Hedge Funds Weigh In On First Trust Consumer Staples AlphaDEX Fund

Several large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in First Trust Consumer Staples AlphaDEX Fund by 12,768.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 246,681 shares of the company’s stock valued at $14,969,000 after acquiring an additional 244,764 shares in the last quarter. Bank of America Corp DE raised its holdings in First Trust Consumer Staples AlphaDEX Fund by 5.3% in the 3rd quarter. Bank of America Corp DE now owns 85,842 shares of the company’s stock valued at $5,380,000 after acquiring an additional 4,314 shares in the last quarter. Independent Advisor Alliance raised its holdings in First Trust Consumer Staples AlphaDEX Fund by 9.4% in the 4th quarter. Independent Advisor Alliance now owns 83,822 shares of the company’s stock valued at $5,086,000 after acquiring an additional 7,208 shares in the last quarter. Royal Bank of Canada increased its stake in First Trust Consumer Staples AlphaDEX Fund by 10.7% in the fourth quarter. Royal Bank of Canada now owns 62,431 shares of the company’s stock valued at $3,788,000 after acquiring an additional 6,040 shares during the period. Finally, Milestones Private Investment Advisors LLC raised its position in First Trust Consumer Staples AlphaDEX Fund by 13.6% in the fourth quarter. Milestones Private Investment Advisors LLC now owns 56,639 shares of the company’s stock worth $3,437,000 after purchasing an additional 6,787 shares in the last quarter.

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.