First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Sees Unusually-High Trading Volume

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) shares saw unusually-strong trading volume on Friday . Approximately 68,882 shares changed hands during mid-day trading, an increase of 37% from the previous session’s volume of 50,231 shares.The stock last traded at $73.61 and had previously closed at $73.63.

First Trust Large Cap Value AlphaDEX Fund Stock Up 0.0 %

The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The stock has a 50 day moving average of $74.10 and a 200 day moving average of $72.61.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Moisand Fitzgerald Tamayo LLC acquired a new position in First Trust Large Cap Value AlphaDEX Fund during the fourth quarter worth about $32,000. Pinnacle Bancorp Inc. bought a new stake in First Trust Large Cap Value AlphaDEX Fund in the first quarter valued at approximately $74,000. Tucker Asset Management LLC boosted its holdings in First Trust Large Cap Value AlphaDEX Fund by 30.4% in the third quarter. Tucker Asset Management LLC now owns 1,219 shares of the company’s stock valued at $79,000 after acquiring an additional 284 shares during the last quarter. Blue Trust Inc. bought a new position in shares of First Trust Large Cap Value AlphaDEX Fund during the 4th quarter worth approximately $110,000. Finally, Advisory Services Network LLC bought a new position in shares of First Trust Large Cap Value AlphaDEX Fund during the 4th quarter worth approximately $188,000.

About First Trust Large Cap Value AlphaDEX Fund

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.