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

Posted by Grant Hamersma on Apr 20th, 2024

Shares of First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA – Get Free Report) rose 0.4% on Thursday . The stock traded as high as $73.08 and last traded at $72.78. Approximately 31,728 shares changed hands 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 Trading Up 1.1 %

The firm’s 50 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 firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.3091 dividend. This represents a $1.24 annualized dividend and a yield of 1.68%. The ex-dividend date was Thursday, March 21st.

Institutional Trading of First Trust Large Cap Value AlphaDEX Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Main Street Group LTD purchased a new stake in First Trust Large Cap Value AlphaDEX Fund in the 4th quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in First Trust Large Cap Value AlphaDEX Fund in the 4th quarter valued at about $32,000. Creative Capital Management Investments LLC purchased a new stake in First Trust Large Cap Value AlphaDEX Fund in the 3rd quarter valued at about $34,000. Sunbelt Securities Inc. purchased a new stake in First Trust Large Cap Value AlphaDEX Fund in the 1st quarter valued at about $49,000. Finally, Pinnacle Bancorp Inc. purchased a new stake in First Trust Large Cap Value AlphaDEX Fund in the 1st quarter valued at about $74,000.

About First Trust Large Cap Value AlphaDEX Fund

(Get Free Report)

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.