First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Shares Down 0.8% – Time to Sell?

Shares of First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) were down 0.8% on Monday . The stock traded as low as $65.06 and last traded at $65.24. 34,492 shares traded hands during trading, an increase of 66% from the average daily volume of 20,817 shares. The stock had previously closed at $65.77.

First Trust Consumer Staples AlphaDEX Fund Trading Up 0.4%

The stock has a market cap of $229.29 million, a P/E ratio of 15.10 and a beta of 0.49. The company has a 50 day simple moving average of $63.97 and a 200 day simple moving average of $64.19.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its position in 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. Hilton Head Capital Partners LLC bought a new position in First Trust Consumer Staples AlphaDEX Fund in the fourth quarter valued at about $25,000. Private Advisor Group LLC grew its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 5.7% during the first quarter. Private Advisor Group LLC now owns 8,614 shares of the company’s stock worth $549,000 after purchasing an additional 463 shares during the last quarter. Kestra Advisory Services LLC raised its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 4.2% during the first quarter. Kestra Advisory Services LLC now owns 12,009 shares of the company’s stock valued at $765,000 after acquiring an additional 488 shares during the last quarter. Finally, Park Square Financial Group LLC grew its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 489.1% in the fourth quarter. Park Square Financial Group LLC now owns 701 shares of the company’s stock worth $45,000 after purchasing an additional 582 shares during 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.