First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Update

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 14,100 shares, a decrease of 42.7% from the February 28th total of 24,600 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 49,200 shares, the days-to-cover ratio is presently 0.3 days.

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

A number of institutional investors have recently bought and sold shares of FTA. LPL Financial LLC lifted its position in shares of First Trust Large Cap Value AlphaDEX Fund by 6.5% in the 4th quarter. LPL Financial LLC now owns 848,889 shares of the company’s stock valued at $64,906,000 after acquiring an additional 51,783 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of First Trust Large Cap Value AlphaDEX Fund during the fourth quarter valued at $34,542,000. IHT Wealth Management LLC raised its position in First Trust Large Cap Value AlphaDEX Fund by 457.6% during the fourth quarter. IHT Wealth Management LLC now owns 301,256 shares of the company’s stock valued at $23,034,000 after buying an additional 247,227 shares during the period. Royal Bank of Canada lifted its stake in First Trust Large Cap Value AlphaDEX Fund by 0.4% in the 4th quarter. Royal Bank of Canada now owns 278,963 shares of the company’s stock worth $21,328,000 after acquiring an additional 1,131 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in First Trust Large Cap Value AlphaDEX Fund by 1.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 200,289 shares of the company’s stock worth $15,314,000 after acquiring an additional 2,909 shares in the last quarter.

First Trust Large Cap Value AlphaDEX Fund Trading Down 1.1 %

Shares of NASDAQ:FTA opened at $75.98 on Friday. The company has a 50 day moving average of $77.72 and a 200-day moving average of $78.59. The firm has a market cap of $1.15 billion, a P/E ratio of 14.62 and a beta of 1.11. First Trust Large Cap Value AlphaDEX Fund has a twelve month low of $72.16 and a twelve month high of $83.93.

First Trust Large Cap Value AlphaDEX Fund Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a dividend of $0.3953 per share. This represents a $1.58 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date is Thursday, March 27th.

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.