First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Shares Up 1.6% – Still a Buy?

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG)’s stock price was up 1.6% during trading on Friday . The company traded as high as $64.68 and last traded at $64.49. Approximately 8,060 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 25,729 shares. The stock had previously closed at $63.48.

First Trust Consumer Staples AlphaDEX Fund Price Performance

The firm’s 50 day moving average price is $64.11 and its two-hundred day moving average price is $65.62. The firm has a market cap of $286.98 million, a price-to-earnings ratio of 17.20 and a beta of 0.65.

Institutional Investors Weigh In On First Trust Consumer Staples AlphaDEX Fund

Several large investors have recently modified their holdings of FXG. Rockefeller Capital Management L.P. lifted its position in First Trust Consumer Staples AlphaDEX Fund by 1.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 26,332 shares of the company’s stock valued at $1,687,000 after purchasing an additional 256 shares during the period. Jones Financial Companies Lllp raised its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 68.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,057 shares of the company’s stock worth $68,000 after buying an additional 429 shares in the last quarter. Sigma Planning Corp lifted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 7.3% in the 4th quarter. Sigma Planning Corp now owns 7,788 shares of the company’s stock valued at $499,000 after buying an additional 530 shares during the period. NBC Securities Inc. boosted its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 41,433.3% in the first quarter. NBC Securities Inc. now owns 1,246 shares of the company’s stock valued at $81,000 after buying an additional 1,243 shares in the last quarter. Finally, Proactive Wealth Strategies LLC grew its holdings in First Trust Consumer Staples AlphaDEX Fund by 18.4% during the fourth quarter. Proactive Wealth Strategies LLC now owns 8,621 shares of the company’s stock worth $552,000 after acquiring an additional 1,340 shares during the period.

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.