First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Trading Down 0% – Should You Sell?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) shares dropped 0% during trading on Monday . The stock traded as low as $132.41 and last traded at $132.81. Approximately 23,178 shares were traded during trading, a decline of 20% from the average daily volume of 28,919 shares. The stock had previously closed at $132.86.

First Trust Large Cap Growth AlphaDEX Fund Trading Down 0.0 %

The firm has a 50-day moving average of $130.30 and a 200-day moving average of $124.60. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.0999 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.30%. This is an increase from First Trust Large Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, September 26th.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. LRI Investments LLC acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund during the 1st quarter worth about $32,000. Hilltop National Bank acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund during the 2nd quarter worth about $84,000. Zions Bancorporation N.A. purchased a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund during the 2nd quarter worth about $147,000. LexAurum Advisors LLC boosted its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 8.6% during the 3rd quarter. LexAurum Advisors LLC now owns 1,906 shares of the company’s stock worth $251,000 after acquiring an additional 151 shares in the last quarter. Finally, Private Client Services LLC purchased a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund during the 3rd quarter worth about $254,000.

First Trust Large Cap Growth AlphaDEX Fund Company Profile

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).