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

Shares of First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw unusually-high trading volume on Monday . Approximately 78,039 shares were traded during trading, an increase of 122% from the previous session’s volume of 35,168 shares.The stock last traded at $142.38 and had previously closed at $146.92.

First Trust Large Cap Growth AlphaDEX Fund Trading Down 2.9 %

The company has a 50 day moving average price of $143.18 and a 200 day moving average price of $133.75. The company has a market capitalization of $1.14 billion, a P/E ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.2752 per share. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in the company. Spirit of America Management Corp NY grew its holdings in First Trust Large Cap Growth AlphaDEX Fund by 9.6% in the 4th quarter. Spirit of America Management Corp NY now owns 1,339 shares of the company’s stock valued at $185,000 after buying an additional 117 shares in the last quarter. FMR LLC grew its holdings in First Trust Large Cap Growth AlphaDEX Fund by 80.1% in the 3rd quarter. FMR LLC now owns 1,799 shares of the company’s stock valued at $236,000 after buying an additional 800 shares in the last quarter. LexAurum Advisors LLC grew its holdings in First Trust Large Cap Growth AlphaDEX Fund by 8.6% in the 3rd quarter. LexAurum Advisors LLC now owns 1,906 shares of the company’s stock valued at $251,000 after buying an additional 151 shares in the last quarter. Private Client Services LLC acquired a new position in First Trust Large Cap Growth AlphaDEX Fund in the 3rd quarter valued at $254,000. Finally, New Century Financial Group LLC acquired a new position in First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter valued at $270,000.

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).