First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Large Volume Increase – Here’s What Happened

Shares of First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw unusually-strong trading volume on Thursday . Approximately 61,502 shares were traded during mid-day trading, an increase of 193% from the previous session’s volume of 20,994 shares.The stock last traded at $108.97 and had previously closed at $109.08.

First Trust Large Cap Core AlphaDEX Fund Stock Performance

The stock has a market cap of $1.32 billion, a P/E ratio of 17.45 and a beta of 1.06. The stock’s fifty day simple moving average is $107.52 and its 200-day simple moving average is $104.85.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.4193 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of First Trust Large Cap Core AlphaDEX Fund

Large investors have recently bought and sold shares of the business. Independent Advisor Alliance bought a new stake in First Trust Large Cap Core AlphaDEX Fund during the 4th quarter worth approximately $338,000. Elevation Capital Advisory LLC bought a new stake in First Trust Large Cap Core AlphaDEX Fund in the 4th quarter worth about $309,000. Raymond James Financial Inc. purchased a new stake in First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at about $30,032,000. Jones Financial Companies Lllp boosted its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 261.8% in the 4th quarter. Jones Financial Companies Lllp now owns 3,792 shares of the company’s stock worth $395,000 after buying an additional 2,744 shares during the last quarter. Finally, SRS Capital Advisors Inc. grew its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 49.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 6,616 shares of the company’s stock valued at $690,000 after acquiring an additional 2,187 shares in the last quarter.

About First Trust Large Cap Core AlphaDEX Fund

First Trust Large Cap Core AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Core Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Index.