First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Shares Up 0.9% – What’s Next?

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA)’s stock price traded up 0.9% during trading on Tuesday . The company traded as high as $78.06 and last traded at $77.84. 18,849 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 46,105 shares. The stock had previously closed at $77.11.

First Trust Large Cap Value AlphaDEX Fund Stock Up 0.9%

The business’s 50 day moving average is $73.73 and its 200 day moving average is $76.56. The company has a market cap of $1.10 billion, a P/E ratio of 13.58 and a beta of 0.91.

First Trust Large Cap Value AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.3953 dividend. The ex-dividend date was Thursday, March 27th. This represents a $1.58 dividend on an annualized basis and a dividend yield of 2.03%.

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

A number of hedge funds have recently made changes to their positions in the stock. LVZ Inc. grew its stake in First Trust Large Cap Value AlphaDEX Fund by 0.5% in the fourth quarter. LVZ Inc. now owns 36,153 shares of the company’s stock valued at $2,764,000 after purchasing an additional 165 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 45.1% in the 4th quarter. Private Trust Co. NA now owns 624 shares of the company’s stock valued at $48,000 after buying an additional 194 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of First Trust Large Cap Value AlphaDEX Fund by 2.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,975 shares of the company’s stock worth $763,000 after buying an additional 200 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of First Trust Large Cap Value AlphaDEX Fund by 0.6% during the 4th quarter. D.A. Davidson & CO. now owns 36,706 shares of the company’s stock worth $2,807,000 after acquiring an additional 201 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new position in shares of First Trust Large Cap Value AlphaDEX Fund during the 4th quarter worth approximately $27,000.

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.