First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Large Volume Increase - Here's Why

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX - Get Free Report) saw strong trading volume on Thursday . 252,248 shares traded hands during trading, an increase of 737% from the previous session's volume of 30,132 shares.The stock last traded at $98.92 and had previously closed at $103.73.

First Trust Large Cap Core AlphaDEX Fund Price Performance

The company has a market cap of $1.11 billion, a PE ratio of 16.56 and a beta of 1.06. The firm has a 50-day simple moving average of $104.17 and a two-hundred day simple moving average of $106.01.

First Trust Large Cap Core AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.2989 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date was Thursday, March 27th.

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

Several large investors have recently made changes to their positions in FEX. Kingswood Wealth Advisors LLC acquired a new position in First Trust Large Cap Core AlphaDEX Fund during the 4th quarter worth $336,000. Strategic Blueprint LLC boosted its position in First Trust Large Cap Core AlphaDEX Fund by 6.0% during the 4th quarter. Strategic Blueprint LLC now owns 96,675 shares of the company's stock worth $10,083,000 after acquiring an additional 5,498 shares during the period. JPMorgan Chase & Co. grew its position in First Trust Large Cap Core AlphaDEX Fund by 16.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,871 shares of the company's stock valued at $1,028,000 after buying an additional 1,391 shares in the last quarter. Merit Financial Group LLC boosted its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 6.2% in the fourth quarter. Merit Financial Group LLC now owns 3,295 shares of the company's stock valued at $344,000 after acquiring an additional 193 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of First Trust Large Cap Core AlphaDEX Fund by 1.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 509,143 shares of the company's stock valued at $53,101,000 after purchasing an additional 6,114 shares during the period.

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.