First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Reaches New 12-Month High - Here's What Happened

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $152.89 and last traded at $152.73, with a volume of 14350 shares. The stock had previously closed at $151.30.

First Trust Large Cap Growth AlphaDEX Fund Price Performance

The company has a market capitalization of $1.20 billion, a P/E ratio of 28.68 and a beta of 1.04. The firm's 50-day moving average is $145.95 and its 200-day moving average is $139.80.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were paid a $0.1122 dividend. This represents a $0.45 annualized dividend and a dividend yield of 0.29%. This is a positive change from First Trust Large Cap Growth AlphaDEX Fund's previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Thursday, June 26th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC boosted its holdings in First Trust Large Cap Growth AlphaDEX Fund by 224.5% in the 4th quarter. Jane Street Group LLC now owns 50,342 shares of the company's stock worth $6,960,000 after buying an additional 34,829 shares during the period. Baird Financial Group Inc. boosted its stake in First Trust Large Cap Growth AlphaDEX Fund by 26.8% in the 4th quarter. Baird Financial Group Inc. now owns 149,647 shares of the company's stock worth $20,689,000 after purchasing an additional 31,662 shares during the period. MML Investors Services LLC grew its holdings in First Trust Large Cap Growth AlphaDEX Fund by 24.5% during the 4th quarter. MML Investors Services LLC now owns 9,320 shares of the company's stock valued at $1,288,000 after buying an additional 1,833 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 3.0% during the fourth quarter. JPMorgan Chase & Co. now owns 5,627 shares of the company's stock valued at $778,000 after buying an additional 165 shares during the last quarter. Finally, OneDigital Investment Advisors LLC bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter valued at approximately $329,000.

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).

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