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

Shares of First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) were up 0.4% during mid-day trading on Thursday . The stock traded as high as $73.08 and last traded at $72.78. Approximately 31,728 shares traded hands during 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 Trading Up 0.4 %

The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 13.46 and a beta of 1.11. The firm has a 50-day moving average price of $73.36 and a 200-day moving average price of $69.50.

First Trust Large Cap Value AlphaDEX Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.3091 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.70%. The ex-dividend date was Thursday, March 21st.

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

Large investors have recently modified their holdings of the stock. Kaydan Wealth Management Inc. acquired a new stake in shares of First Trust Large Cap Value AlphaDEX Fund in the first quarter worth $21,948,000. International Assets Investment Management LLC acquired a new stake in First Trust Large Cap Value AlphaDEX Fund during the fourth quarter valued at $11,026,000. Morgan Stanley boosted its position 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 valued at $211,821,000 after purchasing an additional 154,449 shares during the last quarter. Kingsview Wealth Management LLC boosted its position 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 valued at $18,003,000 after purchasing an additional 71,583 shares during the last quarter. Finally, Atria Wealth Solutions Inc. bought a new position in First Trust Large Cap Value AlphaDEX Fund during the first quarter valued at about $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.