First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Stock Price Down 0.3% - Time to Sell?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) was down 0.3% during trading on Tuesday . The stock traded as low as $150.82 and last traded at $151.02. Approximately 15,317 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 28,747 shares. The stock had previously closed at $151.51.

First Trust Large Cap Growth AlphaDEX Fund Stock Performance

The business's 50 day simple moving average is $146.28 and its 200-day simple moving average is $139.91. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 28.68 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The business also recently disclosed 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. The ex-dividend date was Thursday, June 26th. This is an increase from First Trust Large Cap Growth AlphaDEX Fund's previous quarterly dividend of $0.04. This represents a $0.45 dividend on an annualized basis and a yield of 0.29%.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

A number of institutional investors and hedge funds have recently modified their holdings of FTC. Rossby Financial LCC bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 1st quarter worth about $37,000. Mpwm Advisory Solutions LLC bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $60,000. Centaurus Financial Inc. bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $133,000. Runnymede Capital Advisors Inc. bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $138,000. Finally, BlueChip Wealth Advisors LLC bought a new stake in First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter worth about $203,000.

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).