First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Strong Trading Volume – Time to Buy?

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw unusually-high trading volume on Wednesday . Approximately 77,324 shares changed hands during mid-day trading, an increase of 239% from the previous session’s volume of 22,819 shares.The stock last traded at $107.05 and had previously closed at $107.11.

First Trust Large Cap Core AlphaDEX Fund Stock Performance

The firm’s 50-day moving average price is $108.20 and its two-hundred day moving average price is $102.45. The firm has a market cap of $1.27 billion, a PE ratio of 17.45 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.4193 dividend. The ex-dividend date of this dividend is Friday, December 13th.

Institutional Trading of First Trust Large Cap Core AlphaDEX Fund

Hedge funds have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC lifted its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 3.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 29,095 shares of the company’s stock valued at $3,257,000 after buying an additional 1,098 shares during the period. Virtu Financial LLC purchased a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the 3rd quarter worth $1,299,000. Jane Street Group LLC acquired a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the 3rd quarter worth $1,418,000. IHT Wealth Management LLC increased its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 19.2% in the 3rd quarter. IHT Wealth Management LLC now owns 7,104 shares of the company’s stock valued at $739,000 after purchasing an additional 1,142 shares in the last quarter. Finally, Benjamin Edwards Inc. acquired a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the third quarter valued at about $5,227,000.

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.