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

Shares of First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw unusually-high trading volume on Tuesday . Approximately 24,010 shares changed hands during mid-day trading, an increase of 47% from the previous session’s volume of 16,309 shares.The stock last traded at $109.37 and had previously closed at $108.56.

First Trust Large Cap Core AlphaDEX Fund Trading Up 0.9 %

The business’s 50-day simple moving average is $108.02 and its two-hundred day simple moving average is $103.91. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 17.45 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.4193 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC increased its stake in First Trust Large Cap Core AlphaDEX Fund by 10,315.2% in the third quarter. International Assets Investment Management LLC now owns 178,620 shares of the company’s stock valued at $18,607,000 after purchasing an additional 176,905 shares in the last quarter. Kingsview Wealth Management LLC bought a new stake in First Trust Large Cap Core AlphaDEX Fund in the 3rd quarter valued at about $10,192,000. Benjamin Edwards Inc. acquired a new position in First Trust Large Cap Core AlphaDEX Fund during the 3rd quarter worth approximately $5,227,000. Sanctuary Advisors LLC bought a new position in First Trust Large Cap Core AlphaDEX Fund in the second quarter worth approximately $2,675,000. Finally, Dorsey Wright & Associates acquired a new stake in First Trust Large Cap Core AlphaDEX Fund in the second quarter valued at approximately $2,212,000.

About First Trust Large Cap Core AlphaDEX Fund

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.