First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Large Volume Increase - What's Next?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) saw strong trading volume on Friday . 17,967 shares traded hands during trading, a decline of 34% from the previous session's volume of 27,362 shares.The stock last traded at $131.28 and had previously closed at $128.90.

First Trust Large Cap Growth AlphaDEX Fund Price Performance

The company's fifty day moving average is $131.63 and its 200-day moving average is $138.44. The stock has a market cap of $1.03 billion, a PE ratio of 24.23 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.0428 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.17 dividend on an annualized basis and a yield of 0.13%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FTC. Wealthcare Advisory Partners LLC increased its holdings in First Trust Large Cap Growth AlphaDEX Fund by 4.8% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 4,363 shares of the company's stock valued at $603,000 after buying an additional 200 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC increased its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 2.4% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 10,049 shares of the company's stock worth $1,389,000 after purchasing an additional 233 shares in the last quarter. Arkadios Wealth Advisors increased its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 17.3% during the fourth quarter. Arkadios Wealth Advisors now owns 5,208 shares of the company's stock worth $720,000 after purchasing an additional 768 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 1.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 437,116 shares of the company's stock worth $60,431,000 after purchasing an additional 6,865 shares in the last quarter. Finally, New Century Financial Group LLC purchased a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter worth about $270,000.

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).