First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Strong Trading Volume - Here's Why

Shares of First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 179,668 shares traded hands during trading, an increase of 570% from the previous session's volume of 26,827 shares.The stock last traded at $127.77 and had previously closed at $134.13.

First Trust Large Cap Growth AlphaDEX Fund Trading Down 1.2 %

The company has a 50 day moving average of $137.29 and a 200 day moving average of $138.86. The firm has a market cap of $929.91 million, a price-to-earnings ratio of 25.94 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.0428 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.15%.

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

Several large investors have recently made changes to their positions in the company. Moloney Securities Asset Management LLC boosted its position in First Trust Large Cap Growth AlphaDEX Fund by 4.5% in the fourth quarter. Moloney Securities Asset Management LLC now owns 2,444 shares of the company's stock valued at $338,000 after buying an additional 105 shares in the last quarter. Spirit of America Management Corp NY boosted its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 9.6% in the 4th quarter. Spirit of America Management Corp NY now owns 1,339 shares of the company's stock worth $185,000 after acquiring an additional 117 shares in the last quarter. JPMorgan Chase & Co. grew its position in First Trust Large Cap Growth AlphaDEX Fund by 3.0% during the 4th quarter. JPMorgan Chase & Co. now owns 5,627 shares of the company's stock worth $778,000 after acquiring an additional 165 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its position in First Trust Large Cap Growth AlphaDEX Fund by 5.9% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 3,406 shares of the company's stock worth $471,000 after acquiring an additional 191 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in First Trust Large Cap Growth AlphaDEX Fund by 4.8% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 4,363 shares of the company's stock valued at $603,000 after acquiring an additional 200 shares in 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).