First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Short Interest Update

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 2,300 shares, a decline of 42.5% from the March 15th total of 4,000 shares. Based on an average daily volume of 35,000 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On First Trust Large Cap Growth AlphaDEX Fund

Several institutional investors have recently modified their holdings of FTC. GAMMA Investing LLC bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund during the 1st quarter worth approximately $37,000. BlueChip Wealth Advisors LLC bought a new stake in First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter worth $226,000. ICA Group Wealth Management LLC bought a new position in First Trust Large Cap Growth AlphaDEX Fund in the fourth quarter valued at about $196,000. Goldman Sachs Group Inc. acquired a new position in First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter worth approximately $508,000. Finally, Chicago Partners Investment Group LLC raised its position in First Trust Large Cap Growth AlphaDEX Fund by 18.1% in the fourth quarter. Chicago Partners Investment Group LLC now owns 3,641 shares of the company's stock valued at $406,000 after purchasing an additional 557 shares during the last quarter.

First Trust Large Cap Growth AlphaDEX Fund Stock Performance

Shares of NASDAQ FTC traded up $0.70 during mid-day trading on Thursday, hitting $120.75. 29,143 shares of the stock were exchanged, compared to its average volume of 37,286. The stock's fifty day simple moving average is $120.04 and its two-hundred day simple moving average is $109.04. First Trust Large Cap Growth AlphaDEX Fund has a twelve month low of $90.82 and a twelve month high of $123.96. The company has a market cap of $1.10 billion, a P/E ratio of 21.50 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.0214 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.09 dividend on an annualized basis and a yield of 0.07%.

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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