First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Large Volume Increase – Here’s What Happened

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw an uptick in trading volume on Tuesday . 50,257 shares were traded during trading, an increase of 62% from the previous session’s volume of 31,028 shares.The stock last traded at $121.6150 and had previously closed at $120.02.

First Trust Large Cap Core AlphaDEX Fund Price Performance

The business’s fifty day simple moving average is $117.83 and its two-hundred day simple moving average is $115.32. The company has a market cap of $1.41 billion, a PE ratio of 17.76 and a beta of 0.99.

First Trust Large Cap Core AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.4092 dividend. The ex-dividend date was Friday, December 12th. This represents a $1.64 annualized dividend and a dividend yield of 1.3%. This is a boost from First Trust Large Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.32.

Institutional Trading of First Trust Large Cap Core AlphaDEX Fund

Several institutional investors have recently bought and sold shares of the business. Hantz Financial Services Inc. acquired a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the 2nd quarter worth approximately $34,000. Washington Trust Advisors Inc. purchased a new stake in First Trust Large Cap Core AlphaDEX Fund in the 3rd quarter worth $40,000. Rossby Financial LCC acquired a new position in First Trust Large Cap Core AlphaDEX Fund during the third quarter worth $54,000. Wealth Watch Advisors INC purchased a new position in First Trust Large Cap Core AlphaDEX Fund during the third quarter valued at $61,000. Finally, CIBC Private Wealth Group LLC purchased a new position in First Trust Large Cap Core AlphaDEX Fund during the third quarter valued at $62,000.

First Trust Large Cap Core AlphaDEX Fund Company Profile

First Trust Large Cap Core AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Core Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Index. Standard & Poor’s constructs the Index by ranking the stocks from the S&P 500 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.