First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Unusually-High Trading Volume – Still a Buy?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) shares saw an uptick in trading volume on Friday . 28,997 shares changed hands during mid-day trading, an increase of 35% from the previous session’s volume of 21,404 shares.The stock last traded at $138.09 and had previously closed at $139.52.

First Trust Large Cap Growth AlphaDEX Fund Price Performance

The firm’s 50 day moving average price is $142.64 and its two-hundred day moving average price is $132.20. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.2752 per share. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust Large Cap Growth AlphaDEX Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Patriot Financial Group Insurance Agency LLC grew its position in First Trust Large Cap Growth AlphaDEX Fund by 1.6% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 4,803 shares of the company’s stock worth $631,000 after buying an additional 77 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in First Trust Large Cap Growth AlphaDEX Fund by 0.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 28,043 shares of the company’s stock valued at $3,436,000 after purchasing an additional 102 shares in the last quarter. Cyndeo Wealth Partners LLC raised its holdings in First Trust Large Cap Growth AlphaDEX Fund by 1.8% during the third quarter. Cyndeo Wealth Partners LLC now owns 6,393 shares of the company’s stock worth $840,000 after purchasing an additional 110 shares during the last quarter. Global Retirement Partners LLC boosted its position in First Trust Large Cap Growth AlphaDEX Fund by 2.9% during the third quarter. Global Retirement Partners LLC now owns 4,848 shares of the company’s stock worth $637,000 after purchasing an additional 135 shares in the last quarter. Finally, IHT Wealth Management LLC grew its holdings in First Trust Large Cap Growth AlphaDEX Fund by 0.4% in the third quarter. IHT Wealth Management LLC now owns 35,542 shares of the company’s stock valued at $4,671,000 after purchasing an additional 139 shares during the last quarter.

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).