First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Reaches New 12-Month Low - Time to Sell?

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA - Get Free Report)'s share price hit a new 52-week low during trading on Friday . The company traded as low as $71.05 and last traded at $71.06, with a volume of 2250 shares traded. The stock had previously closed at $73.50.

First Trust Large Cap Value AlphaDEX Fund Stock Up 4.7 %

The firm has a market cap of $1.03 billion, a PE ratio of 13.50 and a beta of 1.11. The company has a 50-day simple moving average of $76.51 and a two-hundred day simple moving average of $78.27.

First Trust Large Cap Value AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.3953 per share. The ex-dividend date was Thursday, March 27th. This represents a $1.58 annualized dividend and a yield of 2.25%.

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

Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in shares of First Trust Large Cap Value AlphaDEX Fund in the third quarter worth about $1,137,000. Orion Portfolio Solutions LLC grew its stake in First Trust Large Cap Value AlphaDEX Fund by 14.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 36,639 shares of the company's stock valued at $2,899,000 after buying an additional 4,552 shares in the last quarter. MML Investors Services LLC raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 3.9% during the 3rd quarter. MML Investors Services LLC now owns 11,495 shares of the company's stock valued at $910,000 after acquiring an additional 433 shares during the period. Pine Valley Investments Ltd Liability Co lifted its position in shares of First Trust Large Cap Value AlphaDEX Fund by 1.9% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 8,410 shares of the company's stock worth $666,000 after acquiring an additional 158 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 4.9% in the third quarter. Sanctuary Advisors LLC now owns 20,925 shares of the company's stock worth $1,731,000 after acquiring an additional 985 shares during the period.

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First Trust Large Cap Value AlphaDEX Fund Company Profile

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.