First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Strong Trading Volume - Should You Buy?

Shares of First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 25,205 shares were traded during trading, an increase of 12% from the previous session's volume of 22,442 shares.The stock last traded at $104.81 and had previously closed at $104.44.

First Trust Large Cap Core AlphaDEX Fund Trading Down 1.6 %

The company has a fifty day moving average price of $106.21 and a two-hundred day moving average price of $106.27. The firm has a market cap of $1.24 billion, a P/E ratio of 18.31 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a $0.2989 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, March 27th.

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

Large investors have recently made changes to their positions in the stock. Hurley Capital LLC acquired a new stake in First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at approximately $34,000. Three Seasons Wealth LLC acquired a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $300,000. Elevation Capital Advisory LLC acquired a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $309,000. Kingswood Wealth Advisors LLC bought a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the fourth quarter worth $336,000. Finally, GeoWealth Management LLC boosted its holdings in First Trust Large Cap Core AlphaDEX Fund by 1,040.6% during the fourth quarter. GeoWealth Management LLC now owns 3,228 shares of the company's stock worth $337,000 after purchasing an additional 2,945 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.