First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Large Volume Increase – Time to Buy?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw strong trading volume on Monday . 36,443 shares changed hands during mid-day trading, an increase of 24% from the previous session’s volume of 29,419 shares.The stock last traded at $134.85 and had previously closed at $134.75.

First Trust Large Cap Growth AlphaDEX Fund Trading Up 0.4 %

The business has a fifty day simple moving average of $126.33 and a two-hundred day simple moving average of $122.97. The company has a market cap of $1.13 billion, a PE ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.0999 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.40 dividend on an annualized basis and a yield of 0.30%. This is a positive change from First Trust Large Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. LRI Investments LLC purchased a new position in First Trust Large Cap Growth AlphaDEX Fund in the 1st quarter valued at $31,000. GAMMA Investing LLC acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 1st quarter worth $37,000. Pinnacle Bancorp Inc. increased its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 25.0% in the 1st quarter. Pinnacle Bancorp Inc. now owns 500 shares of the company’s stock worth $62,000 after acquiring an additional 100 shares during the last quarter. Hilltop National Bank acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 2nd quarter worth $84,000. Finally, Zions Bancorporation N.A. acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 2nd quarter worth $147,000.

First Trust Large Cap Growth AlphaDEX Fund Company Profile

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).