First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Large Volume Increase – Should You Buy?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) shares saw strong trading volume on Friday . 84,389 shares were traded during trading, an increase of 189% from the previous session’s volume of 29,157 shares.The stock last traded at $144.05 and had previously closed at $142.80.

First Trust Large Cap Growth AlphaDEX Fund Stock Up 0.7 %

The stock has a fifty day moving average of $142.87 and a 200-day moving average of $132.68. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.2752 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Large investors have recently made changes to their positions in the company. International Assets Investment Management LLC lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 12,202.4% in the third quarter. International Assets Investment Management LLC now owns 521,991 shares of the company’s stock valued at $68,610,000 after buying an additional 517,748 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 1.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 437,116 shares of the company’s stock valued at $60,431,000 after acquiring an additional 6,865 shares during the period. Raymond James & Associates raised its position in First Trust Large Cap Growth AlphaDEX Fund by 9.6% in the 3rd quarter. Raymond James & Associates now owns 113,004 shares of the company’s stock valued at $14,853,000 after purchasing an additional 9,945 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in First Trust Large Cap Growth AlphaDEX Fund by 1.1% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 87,802 shares of the company’s stock worth $11,541,000 after purchasing an additional 988 shares during the period. Finally, CX Institutional boosted its stake in First Trust Large Cap Growth AlphaDEX Fund by 14.7% during the 3rd quarter. CX Institutional now owns 50,430 shares of the company’s stock worth $6,629,000 after purchasing an additional 6,476 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).