First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Large Volume Increase – Here’s What Happened

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw unusually-strong trading volume on Tuesday . Approximately 76,551 shares changed hands during mid-day trading, an increase of 208% from the previous session’s volume of 24,871 shares.The stock last traded at $138.13 and had previously closed at $138.85.

First Trust Large Cap Growth AlphaDEX Fund Stock Down 1.8 %

The stock has a fifty day moving average of $143.28 and a two-hundred day moving average of $138.01. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 27.25 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.2752 per share. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Comprehensive Financial Planning Inc. PA acquired a new position in First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter worth about $29,000. Pillar Financial Advisors LLC purchased a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter worth approximately $60,000. Mpwm Advisory Solutions LLC acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth approximately $60,000. Runnymede Capital Advisors Inc. purchased a new position in First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter valued at approximately $138,000. Finally, Spirit of America Management Corp NY increased its stake in First Trust Large Cap Growth AlphaDEX Fund by 9.6% in the 4th quarter. Spirit of America Management Corp NY now owns 1,339 shares of the company’s stock valued at $185,000 after purchasing an additional 117 shares in the last quarter.

First Trust Large Cap Growth AlphaDEX Fund Company Profile

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).