First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Hits New 1-Year High – Here’s What Happened

Shares of First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) hit a new 52-week high during trading on Wednesday . The company traded as high as $65.93 and last traded at $65.87, with a volume of 4326 shares traded. The stock had previously closed at $65.16.

First Trust Consumer Discretionary AlphaDEX Fund Stock Up 0.6 %

The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 14.10 and a beta of 1.26. The company’s fifty day moving average is $62.71 and its 200 day moving average is $60.99.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. StoneX Group Inc. increased its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 3.6% during the 3rd quarter. StoneX Group Inc. now owns 22,096 shares of the company’s stock worth $1,398,000 after purchasing an additional 773 shares during the last quarter. Leelyn Smith LLC acquired a new position in First Trust Consumer Discretionary AlphaDEX Fund during the third quarter worth approximately $470,000. Navellier & Associates Inc. bought a new stake in First Trust Consumer Discretionary AlphaDEX Fund in the third quarter valued at approximately $2,730,000. Schrum Private Wealth Management LLC raised its stake in First Trust Consumer Discretionary AlphaDEX Fund by 93.1% in the 3rd quarter. Schrum Private Wealth Management LLC now owns 28,012 shares of the company’s stock valued at $1,773,000 after acquiring an additional 13,506 shares during the period. Finally, Proactive Wealth Strategies LLC acquired a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund during the 3rd quarter worth about $1,521,000.

About First Trust Consumer Discretionary AlphaDEX Fund

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.