First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Reaches New 12-Month High at $78.95

Shares of First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) hit a new 52-week high during trading on Tuesday . The stock traded as high as $78.95 and last traded at $78.92, with a volume of 5788 shares traded. The stock had previously closed at $78.30.

First Trust Large Cap Value AlphaDEX Fund Stock Performance

The company has a market cap of $1.24 billion, a P/E ratio of 14.55 and a beta of 1.11. The firm’s 50 day moving average price is $76.36 and its two-hundred day moving average price is $74.93.

First Trust Large Cap Value AlphaDEX Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.3297 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.32 dividend on an annualized basis and a yield of 1.68%.

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

Institutional investors have recently modified their holdings of the business. Sanctuary Advisors LLC bought a new position in First Trust Large Cap Value AlphaDEX Fund during the second quarter valued at about $1,473,000. Cetera Investment Advisers boosted its stake in First Trust Large Cap Value AlphaDEX Fund by 0.7% in the second quarter. Cetera Investment Advisers now owns 300,173 shares of the company’s stock valued at $22,093,000 after acquiring an additional 2,194 shares during the last quarter. Truist Financial Corp grew its position in shares of First Trust Large Cap Value AlphaDEX Fund by 0.9% during the 2nd quarter. Truist Financial Corp now owns 97,713 shares of the company’s stock valued at $7,192,000 after acquiring an additional 850 shares during the period. Gateway Wealth Partners LLC increased its stake in shares of First Trust Large Cap Value AlphaDEX Fund by 5.4% during the 2nd quarter. Gateway Wealth Partners LLC now owns 35,884 shares of the company’s stock worth $2,641,000 after purchasing an additional 1,853 shares during the last quarter. Finally, AE Wealth Management LLC raised its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 5.0% in the 2nd quarter. AE Wealth Management LLC now owns 98,689 shares of the company’s stock worth $7,264,000 after purchasing an additional 4,665 shares during the period.

First Trust Large Cap Value AlphaDEX Fund Company Profile

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.