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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) shares saw unusually-high trading volume on Monday . Approximately 78,039 shares were traded during trading, an increase of 122% from the previous session’s volume of 35,168 shares.The stock last traded at $142.38 and had previously closed at $146.92.

First Trust Large Cap Growth AlphaDEX Fund Price Performance

The business has a fifty day moving average price of $143.26 and a 200 day moving average price of $134.09. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC boosted its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 12,202.4% in the 3rd quarter. International Assets Investment Management LLC now owns 521,991 shares of the company’s stock worth $68,610,000 after purchasing an additional 517,748 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 1.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 437,116 shares of the company’s stock worth $60,431,000 after acquiring an additional 6,865 shares in the last quarter. Raymond James & Associates grew its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 9.6% in the 3rd quarter. Raymond James & Associates now owns 113,004 shares of the company’s stock valued at $14,853,000 after acquiring an additional 9,945 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 1.1% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 87,802 shares of the company’s stock worth $11,541,000 after purchasing an additional 988 shares in the last quarter. Finally, CX Institutional lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 15.2% in the fourth quarter. CX Institutional now owns 58,079 shares of the company’s stock valued at $8,029,000 after acquiring an additional 7,649 shares during the last quarter.

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).