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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) shares saw unusually-high trading volume on Monday . Approximately 78,039 shares changed hands during mid-day trading, an increase of 122% from the previous session’s volume of 35,168 shares.The stock last traded at $142.38 and had previously closed at $146.92.

First Trust Large Cap Growth AlphaDEX Fund Stock Down 0.3 %

The company has a 50 day simple moving average of $143.26 and a 200 day simple moving average of $134.09. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

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

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

Several hedge funds and other institutional investors have recently made changes to their positions in FTC. International Assets Investment Management LLC grew its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 12,202.4% during the third quarter. International Assets Investment Management LLC now owns 521,991 shares of the company’s stock valued at $68,610,000 after acquiring an additional 517,748 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in First Trust Large Cap Growth AlphaDEX Fund during the 3rd quarter worth $56,552,000. Benjamin Edwards Inc. increased its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 4,103.6% in the 3rd quarter. Benjamin Edwards Inc. now owns 46,618 shares of the company’s stock worth $6,130,000 after purchasing an additional 45,509 shares during the last quarter. Susquehanna International Group LLP lifted its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 107.5% during the second quarter. Susquehanna International Group LLP now owns 27,139 shares of the company’s stock worth $3,325,000 after purchasing an additional 14,063 shares during the last quarter. Finally, Proactive Wealth Strategies LLC acquired a new position in First Trust Large Cap Growth AlphaDEX Fund in the third quarter worth about $1,381,000.

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).