First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Hits New 52-Week High – What’s Next?

Shares of First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) reached a new 52-week high during trading on Friday . The stock traded as high as $105.14 and last traded at $105.14, with a volume of 3129 shares. The stock had previously closed at $104.24.

First Trust Large Cap Core AlphaDEX Fund Price Performance

The stock has a market capitalization of $1.54 billion, a P/E ratio of 17.45 and a beta of 1.06. The stock has a 50 day moving average price of $100.97 and a 200-day moving average price of $98.51.

First Trust Large Cap Core AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.3502 per share. This is a positive change from First Trust Large Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.26. This represents a $1.40 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date was Thursday, September 26th.

Institutional Trading of First Trust Large Cap Core AlphaDEX Fund

Several large investors have recently modified their holdings of the business. Scarborough Advisors LLC purchased a new stake in First Trust Large Cap Core AlphaDEX Fund in the fourth quarter worth about $37,000. Indiana Trust & Investment Management CO purchased a new position in shares of First Trust Large Cap Core AlphaDEX Fund in the 1st quarter valued at approximately $109,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the second quarter valued at approximately $123,000. International Assets Investment Management LLC bought a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the second quarter valued at approximately $166,000. Finally, SpiderRock Advisors LLC purchased a new stake in First Trust Large Cap Core AlphaDEX Fund in the first quarter worth $201,000.

About First Trust Large Cap Core AlphaDEX Fund

First Trust Large Cap Core AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Core Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Index.