First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sets New 52-Week Low - Should You Sell?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $113.13 and last traded at $118.64, with a volume of 27225 shares trading hands. The stock had previously closed at $118.62.

First Trust Large Cap Growth AlphaDEX Fund Price Performance

The business has a 50 day moving average of $135.70 and a 200 day moving average of $138.67. The firm has a market capitalization of $976.73 million, a price-to-earnings ratio of 24.23 and a beta of 1.12.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.0428 per share. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.14%. The ex-dividend date of this dividend was Thursday, March 27th.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. FMR LLC boosted its position in First Trust Large Cap Growth AlphaDEX Fund by 80.1% in the third quarter. FMR LLC now owns 1,799 shares of the company's stock valued at $236,000 after buying an additional 800 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 56.5% in the 3rd quarter. Jane Street Group LLC now owns 15,513 shares of the company's stock worth $2,039,000 after acquiring an additional 5,602 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in First Trust Large Cap Growth AlphaDEX Fund by 4.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 4,363 shares of the company's stock worth $603,000 after acquiring an additional 200 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC increased its holdings in First Trust Large Cap Growth AlphaDEX Fund by 2.4% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 10,049 shares of the company's stock valued at $1,389,000 after purchasing an additional 233 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its position in First Trust Large Cap Growth AlphaDEX Fund by 17.3% in the 4th quarter. Arkadios Wealth Advisors now owns 5,208 shares of the company's stock valued at $720,000 after purchasing an additional 768 shares during the last quarter.

First Trust Large Cap Growth AlphaDEX Fund Company Profile

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).