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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) shares saw unusually-strong trading volume on Monday . Approximately 50,346 shares traded hands during mid-day trading, an increase of 55% from the previous session’s volume of 32,430 shares.The stock last traded at $145.00 and had previously closed at $145.79.

First Trust Large Cap Growth AlphaDEX Fund Stock Up 0.9 %

The stock has a market cap of $1.17 billion, a P/E ratio of 21.72 and a beta of 1.04. The business has a 50-day simple moving average of $143.21 and a 200-day simple moving average of $134.85.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2752 dividend. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust Large Cap Growth AlphaDEX Fund

A number of institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP raised its stake in First Trust Large Cap Growth AlphaDEX Fund by 107.5% during the 2nd quarter. Susquehanna International Group LLP now owns 27,139 shares of the company’s stock valued at $3,325,000 after purchasing an additional 14,063 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the second quarter valued at about $1,041,000. CX Institutional grew its position in First Trust Large Cap Growth AlphaDEX Fund by 14.7% during the third quarter. CX Institutional now owns 50,430 shares of the company’s stock worth $6,629,000 after buying an additional 6,476 shares in the last quarter. Good Life Advisors LLC increased its stake in First Trust Large Cap Growth AlphaDEX Fund by 100.0% during the third quarter. Good Life Advisors LLC now owns 5,702 shares of the company’s stock valued at $750,000 after acquiring an additional 2,851 shares during the period. Finally, Global Retirement Partners LLC raised its holdings in First Trust Large Cap Growth AlphaDEX Fund by 2.9% in the 3rd quarter. Global Retirement Partners LLC now owns 4,848 shares of the company’s stock valued at $637,000 after acquiring an additional 135 shares in the last quarter.

About First Trust Large Cap Growth AlphaDEX Fund

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).