First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Unusually-High Trading Volume - What's Next?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) shares saw strong trading volume on Wednesday . 46,717 shares were traded during trading, an increase of 62% from the previous session's volume of 28,753 shares.The stock last traded at $150.86 and had previously closed at $151.31.

First Trust Large Cap Growth AlphaDEX Fund Stock Up 0.7%

The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 28.68 and a beta of 1.04. The firm has a 50-day moving average of $144.07 and a two-hundred day moving average of $139.37.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were given a dividend of $0.1122 per share. This represents a $0.45 annualized dividend and a yield of 0.30%. This is a positive change from First Trust Large Cap Growth AlphaDEX Fund's previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Thursday, June 26th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Assetmark Inc. increased its position in First Trust Large Cap Growth AlphaDEX Fund by 15.3% in the 4th quarter. Assetmark Inc. now owns 2,526 shares of the company's stock worth $349,000 after purchasing an additional 335 shares during the last quarter. Atria Investments Inc acquired a new position in First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $430,000. Raymond James Financial Inc. acquired a new position in First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $27,798,000. Independent Advisor Alliance acquired a new position in First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $2,946,000. Finally, Founders Financial Alliance LLC increased its position in First Trust Large Cap Growth AlphaDEX Fund by 18.4% in the 4th quarter. Founders Financial Alliance LLC now owns 2,171 shares of the company's stock worth $300,000 after purchasing an additional 337 shares during the last quarter.

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).