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) shares saw an uptick in trading volume on Friday . 84,389 shares traded hands during mid-day 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 company has a market capitalization of $1.15 billion, a PE ratio of 21.72 and a beta of 1.04. The business has a 50 day simple moving average of $142.87 and a 200 day simple moving average of $132.68.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.2752 dividend. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust Large Cap Growth AlphaDEX Fund

A number of institutional investors and hedge funds have recently modified their holdings of FTC. FMR LLC lifted its holdings in First Trust Large Cap Growth AlphaDEX Fund by 80.1% in the third quarter. FMR LLC now owns 1,799 shares of the company’s stock valued at $236,000 after acquiring an additional 800 shares during the period. LexAurum Advisors LLC lifted its stake in shares of 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 purchasing an additional 151 shares during the period. Private Client Services LLC purchased a new stake in First Trust Large Cap Growth AlphaDEX Fund during the third quarter worth $254,000. Foundations Investment Advisors LLC grew its position in First Trust Large Cap Growth AlphaDEX Fund by 12.6% during the third quarter. Foundations Investment Advisors LLC now owns 3,015 shares of the company’s stock valued at $396,000 after buying an additional 337 shares during the period. Finally, Schrum Private Wealth Management LLC purchased a new position in First Trust Large Cap Growth AlphaDEX Fund in the third quarter valued at $421,000.

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).