First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Shares Up 0.6%

Shares of First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) were up 0.6% on Wednesday . The company traded as high as $76.87 and last traded at $76.80. Approximately 29,164 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 47,519 shares. The stock had previously closed at $76.37.

First Trust Large Cap Value AlphaDEX Fund Price Performance

The company has a market capitalization of $1.21 billion, a P/E ratio of 14.55 and a beta of 1.11. The stock’s fifty day simple moving average is $74.77 and its 200-day simple moving average is $74.04.

First Trust Large Cap Value AlphaDEX Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.3297 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.32 annualized dividend and a dividend yield of 1.72%.

Institutional Trading of First Trust Large Cap Value AlphaDEX Fund

Several institutional investors have recently modified their holdings of FTA. ICA Group Wealth Management LLC increased its stake in First Trust Large Cap Value AlphaDEX Fund by 70.0% in the second quarter. ICA Group Wealth Management LLC now owns 425 shares of the company’s stock valued at $31,000 after acquiring an additional 175 shares during the period. Pinnacle Bancorp Inc. bought a new stake in shares of First Trust Large Cap Value AlphaDEX Fund in the 1st quarter valued at approximately $74,000. Hilltop National Bank acquired a new position in shares of First Trust Large Cap Value AlphaDEX Fund in the 2nd quarter worth approximately $76,000. GPS Wealth Strategies Group LLC lifted its position in shares of First Trust Large Cap Value AlphaDEX Fund by 145.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,113 shares of the company’s stock worth $82,000 after buying an additional 660 shares during the period. Finally, Continuum Advisory LLC grew its position in First Trust Large Cap Value AlphaDEX Fund by 38.4% in the second quarter. Continuum Advisory LLC now owns 1,193 shares of the company’s stock valued at $88,000 after acquiring an additional 331 shares during the period.

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.