First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Unusually-High Trading Volume - Here's What Happened

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX - Get Free Report) shares saw an uptick in trading volume on Wednesday . 77,324 shares traded hands during mid-day trading, an increase of 239% from the previous session's volume of 22,819 shares.The stock last traded at $107.05 and had previously closed at $107.11.

First Trust Large Cap Core AlphaDEX Fund Stock Performance

The business's fifty day simple moving average is $108.18 and its 200 day simple moving average is $102.46. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 17.45 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.4193 dividend. The ex-dividend date of this dividend is Friday, December 13th.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC acquired a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the 2nd quarter valued at about $123,000. International Assets Investment Management LLC bought a new stake in First Trust Large Cap Core AlphaDEX Fund in the second quarter valued at about $166,000. Assetmark Inc. raised its stake in First Trust Large Cap Core AlphaDEX Fund by 24.4% during the third quarter. Assetmark Inc. now owns 1,676 shares of the company's stock valued at $175,000 after buying an additional 329 shares in the last quarter. Concurrent Investment Advisors LLC bought a new position in First Trust Large Cap Core AlphaDEX Fund during the 3rd quarter worth approximately $207,000. Finally, Ellis Investment Partners LLC acquired a new position in shares of First Trust Large Cap Core AlphaDEX Fund in the 3rd quarter worth approximately $213,000.

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.