First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Unusually-High Trading Volume - Still a Buy?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 80,685 shares changed hands during mid-day trading, an increase of 185% from the previous session's volume of 28,279 shares.The stock last traded at $144.54 and had previously closed at $144.38.

First Trust Large Cap Growth AlphaDEX Fund Trading Up 0.4 %

The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04. The firm has a 50-day simple moving average of $140.24 and a two-hundred day simple moving average of $129.65.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.2752 dividend. The ex-dividend date of this dividend is Friday, December 13th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FTC. Zions Bancorporation N.A. acquired a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the second quarter worth approximately $147,000. FMR LLC raised its stake in First Trust Large Cap Growth AlphaDEX Fund by 80.1% during the 3rd quarter. FMR LLC now owns 1,799 shares of the company's stock valued at $236,000 after purchasing an additional 800 shares during the last quarter. LexAurum Advisors LLC raised its stake in First Trust Large Cap Growth AlphaDEX Fund by 8.6% during the 3rd quarter. LexAurum Advisors LLC now owns 1,906 shares of the company's stock valued at $251,000 after purchasing an additional 151 shares during the last quarter. Private Client Services LLC bought a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the 3rd quarter worth about $254,000. Finally, Moloney Securities Asset Management LLC raised its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 17.3% during the second quarter. Moloney Securities Asset Management LLC now owns 2,283 shares of the company's stock valued at $280,000 after buying an additional 336 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).