First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Strong Trading Volume

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw unusually-high trading volume on Wednesday . Approximately 107,895 shares were traded during mid-day trading, an increase of 343% from the previous session’s volume of 24,346 shares.The stock last traded at $100.31 and had previously closed at $99.62.

First Trust Large Cap Core AlphaDEX Fund Stock Performance

The company has a market cap of $1.24 billion, a PE ratio of 17.45 and a beta of 1.06. The stock’s 50-day simple moving average is $97.57 and its 200 day simple moving average is $95.92.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.255 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.02 dividend on an annualized basis and a yield of 1.02%.

Hedge Funds Weigh In On First Trust Large Cap Core AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Scarborough Advisors LLC acquired a new stake in First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at about $37,000. Partnership Wealth Management LLC purchased a new position in First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at about $53,000. ICA Group Wealth Management LLC purchased a new position in First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at about $62,000. Indiana Trust & Investment Management CO purchased a new position in First Trust Large Cap Core AlphaDEX Fund in the 1st quarter valued at about $109,000. Finally, Principal Securities Inc. purchased a new position in First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at about $140,000.

About First Trust Large Cap Core AlphaDEX Fund

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.