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

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

First Trust Consumer Staples AlphaDEX Fund Price Performance

The stock has a market cap of $233.14 million, a PE ratio of 15.10 and a beta of 0.49. The business has a fifty day moving average of $62.79 and a 200-day moving average of $63.54.

Institutional Trading of First Trust Consumer Staples AlphaDEX Fund

Large investors have recently modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new stake in shares of First Trust Consumer Staples AlphaDEX Fund in the fourth quarter valued at approximately $25,000. Park Square Financial Group LLC boosted its holdings 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 valued at $45,000 after purchasing an additional 582 shares during the period. Founders Financial Alliance LLC bought a new position in First Trust Consumer Staples AlphaDEX Fund in the third quarter worth approximately $45,000. Wilmington Savings Fund Society FSB bought a new position in First Trust Consumer Staples AlphaDEX Fund in the third quarter worth approximately $49,000. Finally, O Shaughnessy Asset Management LLC raised its stake in First Trust Consumer Staples AlphaDEX Fund by 1,336.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,307 shares of the company’s stock worth $79,000 after buying an additional 1,216 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.