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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) saw strong trading volume on Friday . 84,389 shares traded hands during trading, an increase of 189% from the previous session's volume of 29,157 shares.The stock last traded at $144.05 and had previously closed at $142.80.

First Trust Large Cap Growth AlphaDEX Fund Stock Up 0.6 %

The firm has a market capitalization of $1.15 billion, a P/E ratio of 21.72 and a beta of 1.04. The company has a fifty day simple moving average of $142.88 and a 200 day simple moving average of $132.90.

First Trust Large Cap Growth AlphaDEX Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2752 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. U.S. Capital Wealth Advisors LLC increased its holdings in First Trust Large Cap Growth AlphaDEX Fund by 1.1% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 87,802 shares of the company's stock worth $11,541,000 after buying an additional 988 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 1.8% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 6,393 shares of the company's stock valued at $840,000 after acquiring an additional 110 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 2.9% in the third quarter. Global Retirement Partners LLC now owns 4,848 shares of the company's stock worth $637,000 after acquiring an additional 135 shares during the period. Good Life Advisors LLC grew its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 100.0% in the third quarter. Good Life Advisors LLC now owns 5,702 shares of the company's stock worth $750,000 after acquiring an additional 2,851 shares during the period. Finally, LexAurum Advisors LLC raised its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 8.6% during the third 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.

About First Trust Large Cap Growth AlphaDEX Fund

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).