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

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 96,506 shares were traded during trading, an increase of 121% from the previous session's volume of 43,628 shares.The stock last traded at $77.43 and had previously closed at $78.07.

First Trust Large Cap Value AlphaDEX Fund Stock Down 0.8 %

The stock has a fifty day moving average of $80.37 and a 200-day moving average of $77.51. The stock has a market cap of $1.20 billion, a PE ratio of 14.55 and a beta of 1.11.

First Trust Large Cap Value AlphaDEX Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.4534 per share. The ex-dividend date is Friday, December 13th.

Institutional Trading of First Trust Large Cap Value AlphaDEX Fund

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

About First Trust Large Cap Value AlphaDEX Fund

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.