First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Trading Up 0.4%

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA)’s stock price was up 0.4% on Thursday . The stock traded as high as $73.08 and last traded at $72.78. Approximately 31,728 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 57,791 shares. The stock had previously closed at $72.47.

First Trust Large Cap Value AlphaDEX Fund Stock Up 1.1 %

The company’s fifty day moving average is $73.43 and its two-hundred day moving average is $69.57. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 13.46 and a beta of 1.11.

First Trust Large Cap Value AlphaDEX Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.3091 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.24 annualized dividend and a yield of 1.68%.

Institutional Trading of First Trust Large Cap Value AlphaDEX Fund

Hedge funds have recently added to or reduced their stakes in the company. Kaydan Wealth Management Inc. acquired a new stake in First Trust Large Cap Value AlphaDEX Fund during the first quarter worth approximately $21,948,000. International Assets Investment Management LLC acquired a new stake in First Trust Large Cap Value AlphaDEX Fund during the fourth quarter worth approximately $11,026,000. Morgan Stanley raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 5.0% during the fourth quarter. Morgan Stanley now owns 3,218,680 shares of the company’s stock worth $211,821,000 after purchasing an additional 154,449 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 39.2% during the fourth quarter. Kingsview Wealth Management LLC now owns 254,131 shares of the company’s stock worth $18,003,000 after purchasing an additional 71,583 shares in the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in First Trust Large Cap Value AlphaDEX Fund during the first quarter worth approximately $4,618,000.

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.