First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Hits New 1-Year High – Here’s What Happened

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) shares reached a new 52-week high during trading on Friday . The stock traded as high as $145.98 and last traded at $145.59, with a volume of 1021 shares trading hands. The stock had previously closed at $145.10.

First Trust Large Cap Growth AlphaDEX Fund Stock Up 0.9 %

The company has a market cap of $1.19 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04. The business has a fifty day simple moving average of $135.25 and a 200 day simple moving average of $126.97.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.0999 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.27%. This is a boost 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 Trading of First Trust Large Cap Growth AlphaDEX Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. LRI Investments LLC purchased a new position in shares of First Trust Large Cap Growth AlphaDEX Fund in the 1st quarter valued at $32,000. Hilltop National Bank purchased a new position in First Trust Large Cap Growth AlphaDEX Fund in the second quarter valued at about $84,000. Zions Bancorporation N.A. acquired a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the second quarter worth about $147,000. FMR LLC boosted its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 80.1% in the third quarter. FMR LLC now owns 1,799 shares of the company’s stock worth $236,000 after buying an additional 800 shares during the period. Finally, LexAurum Advisors LLC grew its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 8.6% in the third quarter. LexAurum Advisors LLC now owns 1,906 shares of the company’s stock valued at $251,000 after buying an additional 151 shares in the last quarter.

About First Trust Large Cap Growth AlphaDEX Fund

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).