First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Sees Strong Trading Volume – What’s Next?

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) saw unusually-strong trading volume on Tuesday . Approximately 96,506 shares were traded during mid-day trading, an increase of 121% from the previous session’s volume of 43,628 shares.The stock last traded at $77.43 and had previously closed at $78.07.

First Trust Large Cap Value AlphaDEX Fund Trading Down 0.2 %

The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The company’s 50 day simple moving average is $80.22 and its 200-day simple moving average is $77.49.

First Trust Large Cap Value AlphaDEX Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.4534 per share. The ex-dividend date of this dividend is Friday, December 13th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FTA. Atria Wealth Solutions Inc. boosted its stake in First Trust Large Cap Value AlphaDEX Fund by 5.9% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 52,196 shares of the company’s stock valued at $3,842,000 after acquiring an additional 2,890 shares during the last quarter. TrueWealth Advisors LLC grew its stake in First Trust Large Cap Value AlphaDEX Fund by 7.5% in the second quarter. TrueWealth Advisors LLC now owns 4,143 shares of the company’s stock worth $305,000 after purchasing an additional 289 shares in the last quarter. Signature Estate & Investment Advisors LLC bought a new stake in First Trust Large Cap Value AlphaDEX Fund in the second quarter valued at about $452,000. Patriot Financial Group Insurance Agency LLC raised its stake in First Trust Large Cap Value AlphaDEX Fund by 6.6% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 13,660 shares of the company’s stock valued at $1,005,000 after buying an additional 846 shares in the last quarter. Finally, Harbour Investments Inc. lifted its holdings in First Trust Large Cap Value AlphaDEX Fund by 41.9% during the 2nd quarter. Harbour Investments Inc. now owns 36,818 shares of the company’s stock worth $2,710,000 after buying an additional 10,877 shares during the last quarter.

About First Trust Large Cap Value AlphaDEX Fund

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.