First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Shares Down 1% – Should You Sell?

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD)’s stock price traded down 1% on Friday . The company traded as low as $65.14 and last traded at $65.19. 10,493 shares were traded during trading, a decline of 93% from the average session volume of 146,601 shares. The stock had previously closed at $65.82.

First Trust Consumer Discretionary AlphaDEX Fund Price Performance

The firm’s 50 day moving average price is $67.33 and its two-hundred day moving average price is $65.15. The stock has a market cap of $309.65 million, a PE ratio of 13.17 and a beta of 1.20.

Institutional Investors Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

Several institutional investors have recently made changes to their positions in FXD. Susquehanna International Group LLP boosted its holdings in shares of First Trust Consumer Discretionary AlphaDEX Fund by 13,870.5% in the first quarter. Susquehanna International Group LLP now owns 2,203,141 shares of the company’s stock worth $127,540,000 after acquiring an additional 2,187,371 shares during the period. Millennium Management LLC purchased a new stake in First Trust Consumer Discretionary AlphaDEX Fund during the 1st quarter worth about $20,447,000. Raymond James Financial Inc. boosted its stake in First Trust Consumer Discretionary AlphaDEX Fund by 13.3% in the 3rd quarter. Raymond James Financial Inc. now owns 256,240 shares of the company’s stock worth $17,481,000 after purchasing an additional 30,127 shares during the period. PGIM Custom Harvest LLC grew its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 3,325.3% during the 1st quarter. PGIM Custom Harvest LLC now owns 255,940 shares of the company’s stock valued at $14,816,000 after buying an additional 248,468 shares in the last quarter. Finally, Citigroup Inc. grew its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 86,760.5% during the 1st quarter. Citigroup Inc. now owns 173,721 shares of the company’s stock valued at $10,057,000 after buying an additional 173,521 shares in the last quarter.

First Trust Consumer Discretionary AlphaDEX Fund Company Profile

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.