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

Shares of First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 61,502 shares changed hands during trading, an increase of 193% from the previous session's volume of 20,994 shares.The stock last traded at $108.97 and had previously closed at $109.08.

First Trust Large Cap Core AlphaDEX Fund Price Performance

The firm's 50 day moving average price is $107.46 and its two-hundred day moving average price is $105.01. The stock has a market cap of $1.33 billion, a PE ratio of 17.45 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.4193 per share. The ex-dividend date of this dividend was Friday, December 13th.

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

Several hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its holdings 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 valued at $53,101,000 after purchasing an additional 6,114 shares during the period. Raymond James Financial Inc. purchased a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the fourth quarter worth about $30,032,000. Commonwealth Equity Services LLC lifted its position in First Trust Large Cap Core AlphaDEX Fund by 0.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 208,072 shares of the company's stock valued at $21,701,000 after purchasing an additional 1,030 shares during the last quarter. International Assets Investment Management LLC grew its stake in First Trust Large Cap Core AlphaDEX Fund by 10,315.2% in the 3rd quarter. International Assets Investment Management LLC now owns 178,620 shares of the company's stock worth $18,607,000 after buying an additional 176,905 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 3.0% in the 3rd quarter. Raymond James & Associates now owns 158,628 shares of the company's stock worth $16,524,000 after buying an additional 4,572 shares during the last quarter.

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.