First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Update

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 33,100 shares, a growth of 18.6% from the December 15th total of 27,900 shares. Based on an average daily volume of 47,900 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Concorde Asset Management LLC bought a new position in First Trust Large Cap Value AlphaDEX Fund in the 2nd quarter worth $212,000. AE Wealth Management LLC raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 5.0% in the 2nd quarter. AE Wealth Management LLC now owns 98,689 shares of the company’s stock worth $7,264,000 after acquiring an additional 4,665 shares during the period. Gateway Wealth Partners LLC raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 5.4% in the 2nd quarter. Gateway Wealth Partners LLC now owns 35,884 shares of the company’s stock worth $2,641,000 after acquiring an additional 1,853 shares during the period. Truist Financial Corp raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 0.9% in the 2nd quarter. Truist Financial Corp now owns 97,713 shares of the company’s stock worth $7,192,000 after acquiring an additional 850 shares during the period. Finally, Cetera Investment Advisers raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 0.7% in the 2nd quarter. Cetera Investment Advisers now owns 300,173 shares of the company’s stock worth $22,093,000 after acquiring an additional 2,194 shares during the period.

First Trust Large Cap Value AlphaDEX Fund Stock Up 0.4 %

Shares of NASDAQ:FTA traded up $0.28 during trading on Friday, reaching $79.36. 26,956 shares of the company traded hands, compared to its average volume of 63,178. The firm has a fifty day simple moving average of $79.24 and a 200 day simple moving average of $78.05. The firm has a market cap of $1.21 billion, a P/E ratio of 14.55 and a beta of 1.11. First Trust Large Cap Value AlphaDEX Fund has a 1-year low of $68.48 and a 1-year high of $83.93.

First Trust Large Cap Value AlphaDEX Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.4534 per share. The ex-dividend date was Friday, December 13th.

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.