First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Sets New 52-Week High at $79.43

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $79.43 and last traded at $79.31, with a volume of 5442 shares trading hands. The stock had previously closed at $79.06.

First Trust Large Cap Value AlphaDEX Fund Stock Down 0.2 %

The business’s 50 day moving average is $76.80 and its 200-day moving average is $75.14. The firm has a market capitalization of $1.24 billion, a P/E ratio of 14.55 and a beta of 1.11.

First Trust Large Cap Value AlphaDEX Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.3297 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.32 annualized dividend and a yield of 1.67%.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kaydan Wealth Management Inc. grew its position in shares of First Trust Large Cap Value AlphaDEX Fund by 31.9% during the 2nd quarter. Kaydan Wealth Management Inc. now owns 379,160 shares of the company’s stock valued at $27,906,000 after acquiring an additional 91,805 shares during the period. Cetera Investment Advisers grew its position in shares of First Trust Large Cap Value AlphaDEX Fund by 0.7% during the 2nd quarter. Cetera Investment Advisers now owns 300,173 shares of the company’s stock valued at $22,093,000 after acquiring an additional 2,194 shares during the period. Kingsview Wealth Management LLC grew its position in shares of First Trust Large Cap Value AlphaDEX Fund by 10.0% during the 1st quarter. Kingsview Wealth Management LLC now owns 279,571 shares of the company’s stock valued at $21,354,000 after acquiring an additional 25,440 shares during the period. Private Advisor Group LLC grew its position in shares of First Trust Large Cap Value AlphaDEX Fund by 5.2% during the 1st quarter. Private Advisor Group LLC now owns 237,408 shares of the company’s stock valued at $18,133,000 after acquiring an additional 11,676 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of First Trust Large Cap Value AlphaDEX Fund by 5.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 162,513 shares of the company’s stock valued at $12,413,000 after acquiring an additional 8,784 shares during the period.

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.