First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Significant Drop in Short Interest

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX - Get Free Report) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 5,800 shares, a decrease of 14.7% from the January 31st total of 6,800 shares. Based on an average daily volume of 23,100 shares, the short-interest ratio is currently 0.3 days.

First Trust Large Cap Core AlphaDEX Fund Stock Performance

Shares of NASDAQ:FEX traded up $0.78 during mid-day trading on Friday, hitting $103.53. The stock had a trading volume of 10,491 shares, compared to its average volume of 22,221. The company has a market cap of $1.26 billion, a PE ratio of 17.90 and a beta of 1.06. First Trust Large Cap Core AlphaDEX Fund has a 12-month low of $93.39 and a 12-month high of $113.17. The company's 50 day moving average is $107.14 and its 200-day moving average is $106.08.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.4193 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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

Several hedge funds have recently made changes to their positions in the company. LPL Financial LLC lifted its position in shares of First Trust Large Cap Core AlphaDEX Fund by 21.0% in the 4th quarter. LPL Financial LLC now owns 957,043 shares of the company's stock valued at $99,815,000 after acquiring an additional 166,302 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of 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 acquiring an additional 6,114 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at approximately $30,032,000. Commonwealth Equity Services LLC lifted its position in shares of First Trust Large Cap Core AlphaDEX Fund by 0.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 208,072 shares of the company's stock valued at $21,701,000 after acquiring an additional 1,030 shares in the last quarter. Finally, AssuredPartners Investment Advisors LLC purchased a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at approximately $15,694,000.

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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.