First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Unusually-High Trading Volume – What’s Next?

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw an uptick in trading volume on Friday . Approximately 37,254 shares traded hands during mid-day trading, an increase of 70% from the previous session’s volume of 21,921 shares.The stock last traded at $138.3510 and had previously closed at $139.33.

First Trust Large Cap Core AlphaDEX Fund Price Performance

The stock’s fifty day moving average price is $133.34 and its 200-day moving average price is $126.69. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 17.76 and a beta of 0.95.

First Trust Large Cap Core AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be given a dividend of $0.2669 per share. This represents a $1.07 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, June 25th.

Institutional Trading of First Trust Large Cap Core AlphaDEX Fund

Several large investors have recently added to or reduced their stakes in FEX. Ankerstar Wealth LLC acquired a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the fourth quarter worth $27,000. Wealth Watch Advisors INC purchased a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the third quarter valued at $61,000. CIBC Private Wealth Group LLC acquired a new position in First Trust Large Cap Core AlphaDEX Fund during the third quarter valued at $62,000. Farther Finance Advisors LLC raised its position in First Trust Large Cap Core AlphaDEX Fund by 447.2% during the fourth quarter. Farther Finance Advisors LLC now owns 673 shares of the company’s stock valued at $80,000 after buying an additional 550 shares during the period. Finally, Hills Bank & Trust Co purchased a new stake in First Trust Large Cap Core AlphaDEX Fund in the 4th quarter worth about $101,000.

First Trust Large Cap Core AlphaDEX Fund Company Profile

First Trust Large Cap Core AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Core Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Index. Standard & Poor’s constructs the Index by ranking the stocks from the S&P 500 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.