First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Stock Price Up 0.5% – Should You Buy?

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) rose 0.5% during mid-day trading on Friday . The company traded as high as $63.87 and last traded at $63.68. Approximately 19,209 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 60,288 shares. The stock had previously closed at $63.36.

First Trust Consumer Staples AlphaDEX Fund Stock Up 0.5 %

The firm has a 50 day moving average of $65.17 and a 200-day moving average of $66.63. The company has a market cap of $404.37 million, a P/E ratio of 16.86 and a beta of 0.46.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FXG. Jones Financial Companies Lllp lifted its position in shares of First Trust Consumer Staples AlphaDEX Fund by 68.3% in the 4th quarter. Jones Financial Companies Lllp now owns 1,057 shares of the company’s stock worth $68,000 after purchasing an additional 429 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in First Trust Consumer Staples AlphaDEX Fund by 435.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,084 shares of the company’s stock worth $134,000 after buying an additional 1,695 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in First Trust Consumer Staples AlphaDEX Fund during the third quarter worth $157,000. Concourse Financial Group Securities Inc. boosted its position in First Trust Consumer Staples AlphaDEX Fund by 23.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 2,873 shares of the company’s stock valued at $196,000 after acquiring an additional 543 shares in the last quarter. Finally, Global Retirement Partners LLC increased its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 115.9% in the 4th quarter. Global Retirement Partners LLC now owns 3,453 shares of the company’s stock valued at $221,000 after acquiring an additional 1,854 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.