First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Trading Down 0.7%

Posted by on May 23rd, 2023

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG – Get Rating)’s stock price fell 0.7% during mid-day trading on Monday . The stock traded as low as $62.58 and last traded at $62.59. 54,729 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 90,776 shares. The stock had previously closed at $63.05.

First Trust Consumer Staples AlphaDEX Fund Trading Down 0.7 %

The company has a market cap of $685.36 million, a PE ratio of 16.48 and a beta of 0.66. The stock has a 50 day moving average price of $62.33 and a 200 day moving average price of $62.87.

Institutional Investors Weigh In On First Trust Consumer Staples AlphaDEX Fund

Several hedge funds have recently bought and sold shares of FXG. Morgan Stanley grew its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 18.0% in the fourth quarter. Morgan Stanley now owns 1,365,724 shares of the company’s stock worth $85,726,000 after acquiring an additional 208,763 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in First Trust Consumer Staples AlphaDEX Fund by 67.8% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 906,000 shares of the company’s stock worth $56,235,000 after buying an additional 366,000 shares during the last quarter. LPL Financial LLC lifted its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 12.6% in the first quarter. LPL Financial LLC now owns 481,369 shares of the company’s stock worth $29,879,000 after buying an additional 53,878 shares in the last quarter. UBS Group AG grew its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 2.3% during the third quarter. UBS Group AG now owns 240,505 shares of the company’s stock valued at $13,678,000 after buying an additional 5,304 shares during the last quarter. Finally, Virtue Capital Management LLC increased its position in shares of First Trust Consumer Staples AlphaDEX Fund by 41.6% during the third quarter. Virtue Capital Management LLC now owns 224,913 shares of the company’s stock valued at $12,791,000 after acquiring an additional 66,048 shares in the last quarter.

About First Trust Consumer Staples AlphaDEX Fund

(Get Rating)

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.

Read More

Receive News & Ratings for First Trust Consumer Staples AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Consumer Staples AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.