First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Unusually-High Trading Volume – Time to Buy?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw unusually-high trading volume on Friday . Approximately 80,685 shares were traded during mid-day trading, an increase of 185% from the previous session’s volume of 28,279 shares.The stock last traded at $144.54 and had previously closed at $144.38.

First Trust Large Cap Growth AlphaDEX Fund Stock Down 0.2 %

The firm has a 50 day moving average price of $139.99 and a two-hundred day moving average price of $129.44. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 21.72 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, September 30th. Investors of record on Thursday, September 26th were issued a $0.0999 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.40 annualized dividend and a yield of 0.28%. This is an increase from First Trust Large Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Large investors have recently added to or reduced their stakes in the business. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 1.6% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 4,803 shares of the company’s stock valued at $631,000 after purchasing an additional 77 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust Large Cap Growth AlphaDEX Fund by 0.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,043 shares of the company’s stock valued at $3,436,000 after purchasing an additional 102 shares during the last quarter. Cyndeo Wealth Partners LLC raised its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 1.8% in the third quarter. Cyndeo Wealth Partners LLC now owns 6,393 shares of the company’s stock valued at $840,000 after purchasing an additional 110 shares during the period. Global Retirement Partners LLC lifted its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 2.9% in the third quarter. Global Retirement Partners LLC now owns 4,848 shares of the company’s stock worth $637,000 after buying an additional 135 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its position in First Trust Large Cap Growth AlphaDEX Fund by 0.4% in the third quarter. IHT Wealth Management LLC now owns 35,542 shares of the company’s stock worth $4,671,000 after purchasing an additional 139 shares during the period.

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).