First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Sees Unusually-High Trading Volume – Here’s What Happened

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) saw unusually-high trading volume on Monday . 35,491 shares were traded during trading, a decline of 0% from the previous session’s volume of 35,502 shares.The stock last traded at $97.7050 and had previously closed at $97.02.

First Trust Large Cap Value AlphaDEX Fund Price Performance

The stock’s 50 day moving average is $94.98 and its 200-day moving average is $92.25. The company has a market capitalization of $1.33 billion, a P/E ratio of 13.54 and a beta of 0.79.

First Trust Large Cap Value AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be given a $0.3389 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.36 annualized dividend and a dividend yield of 1.4%.

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

Hedge funds have recently made changes to their positions in the company. Main Street Group LTD purchased a new stake in First Trust Large Cap Value AlphaDEX Fund in the first quarter worth $33,000. Cullen Frost Bankers Inc. lifted its position in First Trust Large Cap Value AlphaDEX Fund by 51.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 455 shares of the company’s stock valued at $39,000 after buying an additional 154 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 282.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 562 shares of the company’s stock valued at $49,000 after buying an additional 415 shares in the last quarter. Smithfield Trust Co boosted its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 20.0% during the 4th quarter. Smithfield Trust Co now owns 720 shares of the company’s stock valued at $62,000 after buying an additional 120 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of First Trust Large Cap Value AlphaDEX Fund in the 4th quarter worth about $63,000.

First Trust Large Cap Value AlphaDEX Fund Company Profile

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.