First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Large Volume Increase After Dividend Announcement

Shares of First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw an uptick in trading volume on Friday after the company announced a dividend. 80,685 shares were traded during mid-day trading, an increase of 185% from the previous session’s volume of 28,279 shares.The stock last traded at $144.54 and had previously closed at $144.38.

The newly announced dividend which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.2752 dividend. The ex-dividend date is Friday, December 13th.

First Trust Large Cap Growth AlphaDEX Fund Stock Up 0.4 %

The stock’s 50 day moving average is $140.24 and its 200-day moving average is $129.65. The company has a market cap of $1.18 billion, a PE ratio of 21.72 and a beta of 1.04.

Institutional Investors Weigh In On First Trust Large Cap Growth AlphaDEX Fund

Several large investors have recently added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 161.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 50,302 shares of the company’s stock worth $6,163,000 after purchasing an additional 31,028 shares during the period. Virtu Financial LLC increased its position in First Trust Large Cap Growth AlphaDEX Fund by 319.4% during the second quarter. Virtu Financial LLC now owns 19,500 shares of the company’s stock valued at $2,389,000 after acquiring an additional 14,851 shares during the last quarter. Zions Bancorporation N.A. purchased a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the second quarter valued at $147,000. CoreCap Advisors LLC bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 2nd quarter worth about $2,758,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 1.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 185,084 shares of the company’s stock worth $22,678,000 after purchasing an additional 2,259 shares during the period.

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).