First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Shares Up 0.6% – Here’s Why

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) shares rose 0.6% on Thursday . The company traded as high as $63.75 and last traded at $63.73. Approximately 917,281 shares traded hands during mid-day trading, an increase of 702% from the average daily volume of 114,338 shares. The stock had previously closed at $63.38.

First Trust Consumer Staples AlphaDEX Fund Price Performance

The firm has a market capitalization of $405.64 million, a PE ratio of 16.86 and a beta of 0.46. The business’s 50 day moving average is $66.36 and its two-hundred day moving average is $66.67.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Key Client Fiduciary Advisors LLC boosted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 6.2% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 51,440 shares of the company’s stock worth $3,295,000 after purchasing an additional 3,015 shares in the last quarter. International Assets Investment Management LLC bought a new stake in First Trust Consumer Staples AlphaDEX Fund in the 4th quarter worth approximately $300,000. JPMorgan Chase & Co. boosted its stake in First Trust Consumer Staples AlphaDEX Fund by 56.2% in the third quarter. JPMorgan Chase & Co. now owns 13,684 shares of the company’s stock worth $935,000 after buying an additional 4,926 shares in the last quarter. Stifel Financial Corp grew its position in First Trust Consumer Staples AlphaDEX Fund by 22.4% during the third quarter. Stifel Financial Corp now owns 67,437 shares of the company’s stock valued at $4,608,000 after acquiring an additional 12,323 shares during the last quarter. Finally, Independent Advisor Alliance raised its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 7.0% during the third quarter. Independent Advisor Alliance now owns 67,941 shares of the company’s stock worth $4,642,000 after acquiring an additional 4,421 shares in the last quarter.

First Trust Consumer Staples AlphaDEX Fund Company Profile

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.