First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Strong Trading Volume - Here's Why

Key Points

• Shares last traded at $172.70 (closed $171.73), down about 0.1%; trading volume was 19,637 shares, an 11% decline from the prior session, with 50- and 200-day moving averages near $161.6 and a market cap of roughly $1.27B (P/E 28.68, beta 1.14).
• Dividend increase: The fund paid a quarterly dividend of $0.0607 on March 31 (ex-dividend March 26), up from $0.03 previously, implying a $0.24 annualized payout and about a 0.1% yield.
• Institutional interest: Several firms added or raised small stakes in recent quarters—including Arax Advisory, Flagship Harbor, HRT Financial, Missouri Trust & Investment, and GPS Wealth (which increased its stake by 39.8%).

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - ) shares saw an uptick in trading volume on Monday . 19,637 shares were traded during trading, a decline of 11% from the previous session's volume of 22,170 shares.The stock last traded at $172.7040 and had previously closed at $171.73.

First Trust Large Cap Growth AlphaDEX Fund Stock Down 0.1%

The company's fifty day moving average is $161.57 and its 200 day moving average is $161.47. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 28.68 and a beta of 1.14.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.0607 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. This is a boost from First Trust Large Cap Growth AlphaDEX Fund's previous quarterly dividend of $0.03.

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

Hedge funds have recently bought and sold shares of the company. Arax Advisory Partners acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter valued at about $26,000. GPS Wealth Strategies Group LLC lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 39.8% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company's stock valued at $36,000 after purchasing an additional 64 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter valued at about $176,000. HRT Financial LP acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter valued at about $202,000. Finally, Missouri Trust & Investment Co acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund in the 3rd quarter valued at about $229,000.

About First Trust Large Cap Growth AlphaDEX Fund

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). The Index is an enhanced index created and administered by Standard & Poor's, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Growth Index.

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