First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Trading Up 1.6% – What’s Next?

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

First Trust Consumer Staples AlphaDEX Fund Stock Up 0.1%

The stock has a 50-day simple moving average of $62.79 and a 200-day simple moving average of $63.57. The firm has a market capitalization of $237.86 million, a PE ratio of 15.10 and a beta of 0.49.

Institutional Trading of First Trust Consumer Staples AlphaDEX Fund

A number of large investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake 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 buying an additional 244,764 shares in the last quarter. Independent Advisor Alliance grew its stake 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 buying an additional 7,208 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC grew its stake in First Trust Consumer Staples AlphaDEX Fund by 37.1% in the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 30,359 shares of the company’s stock valued at $1,842,000 after buying an additional 8,215 shares in the last quarter. Navellier & Associates Inc. purchased a new position in First Trust Consumer Staples AlphaDEX Fund in the 4th quarter valued at approximately $1,387,000. Finally, Truist Financial Corp grew its stake in First Trust Consumer Staples AlphaDEX Fund by 8.5% in the 4th quarter. Truist Financial Corp now owns 16,247 shares of the company’s stock valued at $986,000 after buying an additional 1,274 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.