First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Trading Up 0.6% - Still a Buy?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report)'s share price was up 0.6% during mid-day trading on Thursday . The stock traded as high as $138.49 and last traded at $137.07. Approximately 29,383 shares traded hands during trading, an increase of 7% from the average daily volume of 27,465 shares. The stock had previously closed at $136.29.

First Trust Large Cap Growth AlphaDEX Fund Trading Up 0.2 %

The company has a market capitalization of $1.07 billion, a PE ratio of 25.32 and a beta of 1.04. The stock's fifty day moving average is $130.33 and its two-hundred day moving average is $138.40.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.0428 per share. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.13%. The ex-dividend date was Thursday, March 27th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FTC. Foundations Investment Advisors LLC grew its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 297.4% during the first quarter. Foundations Investment Advisors LLC now owns 8,855 shares of the company's stock worth $1,163,000 after purchasing an additional 6,627 shares in the last quarter. Assetmark Inc. increased its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 13.2% in the first quarter. Assetmark Inc. now owns 2,859 shares of the company's stock worth $376,000 after buying an additional 333 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund during the first quarter worth about $239,000. Sigma Planning Corp grew its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 22.0% in the 1st quarter. Sigma Planning Corp now owns 5,177 shares of the company's stock worth $680,000 after buying an additional 933 shares during the last quarter. Finally, Fifth Third Securities Inc. increased its position in First Trust Large Cap Growth AlphaDEX Fund by 6.5% during the 1st quarter. Fifth Third Securities Inc. now owns 9,049 shares of the company's stock valued at $1,189,000 after purchasing an additional 550 shares during the period.

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).