Short Interest in First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Decreases By 14.7%

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 5,800 shares, a decline of 14.7% from the January 31st total of 6,800 shares. Based on an average daily volume of 23,100 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On First Trust Large Cap Core AlphaDEX Fund

A number of institutional investors have recently made changes to their positions in FEX. LPL Financial LLC raised its holdings in First Trust Large Cap Core AlphaDEX Fund by 21.0% in the 4th quarter. LPL Financial LLC now owns 957,043 shares of the company’s stock worth $99,815,000 after acquiring an additional 166,302 shares during the last quarter. Janney Montgomery Scott LLC grew its position in First Trust Large Cap Core AlphaDEX Fund by 1.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 509,143 shares of the company’s stock worth $53,101,000 after purchasing an additional 6,114 shares during the period. Raymond James Financial Inc. purchased a new stake in First Trust Large Cap Core AlphaDEX Fund during the 4th quarter valued at $30,032,000. Commonwealth Equity Services LLC raised its stake in First Trust Large Cap Core AlphaDEX Fund by 0.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 208,072 shares of the company’s stock valued at $21,701,000 after buying an additional 1,030 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC bought a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the 4th quarter valued at $15,694,000.

First Trust Large Cap Core AlphaDEX Fund Price Performance

Shares of First Trust Large Cap Core AlphaDEX Fund stock opened at $102.75 on Friday. First Trust Large Cap Core AlphaDEX Fund has a 1 year low of $93.39 and a 1 year high of $113.17. The firm’s 50-day moving average is $107.21 and its 200 day moving average is $106.11. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 17.90 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.4193 dividend. The ex-dividend date was Friday, December 13th.

First Trust Large Cap Core AlphaDEX Fund Company Profile

First Trust Large Cap Core 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 Defined Large Cap Core 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 Index.