First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Strong Trading Volume – Here’s Why

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) shares saw unusually-strong trading volume on Monday . Approximately 18,467 shares were traded during trading, a decline of 17% from the previous session’s volume of 22,251 shares.The stock last traded at $102.37 and had previously closed at $103.53.

First Trust Large Cap Core AlphaDEX Fund Price Performance

The business’s fifty day moving average price is $107.11 and its 200 day moving average price is $106.19. The stock has a market cap of $1.24 billion, a P/E ratio of 17.90 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.4193 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FEX. Hurley Capital LLC acquired a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the 4th quarter valued at $34,000. Assetmark Inc. boosted its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 24.4% during the third quarter. Assetmark Inc. now owns 1,676 shares of the company’s stock valued at $175,000 after purchasing an additional 329 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the third quarter valued at about $207,000. Three Seasons Wealth LLC bought a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the fourth quarter worth about $300,000. Finally, Elevation Capital Advisory LLC acquired a new position in shares of First Trust Large Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $309,000.

First Trust Large Cap Core AlphaDEX Fund Company Profile

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.