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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTCGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 22,916 shares were traded during trading, an increase of 25% from the previous session’s volume of 18,272 shares.The stock last traded at $175.0110 and had previously closed at $176.21.

First Trust Large Cap Growth AlphaDEX Fund Trading Up 1.3%

The business has a 50-day moving average price of $179.79 and a 200-day moving average price of $174.55. The stock has a market cap of $1.32 billion, a PE ratio of 28.68 and a beta of 1.14.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.0419 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.17 dividend on an annualized basis and a yield of 0.1%.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Institutional investors have recently modified their holdings of the stock. Arax Advisory Partners purchased a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter worth about $26,000. First Bancorp Inc ME purchased a new position in First Trust Large Cap Growth AlphaDEX Fund in the 2nd quarter valued at about $60,000. HRT Financial LP purchased a new position in First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter valued at about $202,000. Private Client Services LLC acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund in the 2nd quarter worth about $213,000. Finally, Two Sigma Securities LLC acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund in the 2nd quarter worth about $266,000.

First Trust Large Cap Growth AlphaDEX Fund Company Profile

(Get Free Report)

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). The Index is an enhanced index created and administered by Standard & Poor’s, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Growth Index.

Further Reading

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