First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Large Volume Increase – Still a Buy?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw an uptick in trading volume on Friday . 84,389 shares traded hands during 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 Performance

The business’s fifty day moving average price is $142.88 and its two-hundred day moving average price is $132.90. The firm has a market capitalization of $1.15 billion, a P/E ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Dividend Announcement

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

Hedge Funds Weigh In On First Trust Large Cap Growth AlphaDEX Fund

A number of large investors have recently made changes to their positions in the business. FMR LLC increased its stake in First Trust Large Cap Growth AlphaDEX Fund by 80.1% during the 3rd quarter. FMR LLC now owns 1,799 shares of the company’s stock valued at $236,000 after purchasing an additional 800 shares in the last quarter. LexAurum Advisors LLC raised its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 8.6% in the third quarter. LexAurum Advisors LLC now owns 1,906 shares of the company’s stock worth $251,000 after purchasing an additional 151 shares during the last quarter. Private Client Services LLC acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund during the third quarter worth about $254,000. New Century Financial Group LLC purchased a new stake in First Trust Large Cap Growth AlphaDEX Fund in the fourth quarter valued at approximately $270,000. Finally, Foundations Investment Advisors LLC increased its holdings in First Trust Large Cap Growth AlphaDEX Fund by 12.6% in the 3rd quarter. Foundations Investment Advisors LLC now owns 3,015 shares of the company’s stock worth $396,000 after buying an additional 337 shares during the period.

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).