First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Hits New 12-Month High at $127.85

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) reached a new 52-week high on Tuesday . The stock traded as high as $127.85 and last traded at $127.54, with a volume of 584 shares trading hands. The stock had previously closed at $127.75.

First Trust Large Cap Growth AlphaDEX Fund Price Performance

The firm’s 50-day moving average is $123.35 and its two-hundred day moving average is $121.75. The company has a market cap of $1.14 billion, a P/E ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a $0.0518 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.21 annualized dividend and a dividend yield of 0.16%.

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

Several hedge funds have recently modified their holdings of FTC. Sanctuary Advisors LLC purchased a new stake in First Trust Large Cap Growth AlphaDEX Fund in the second quarter valued at approximately $1,041,000. Gateway Wealth Partners LLC raised its position in First Trust Large Cap Growth AlphaDEX Fund by 24.8% in the second quarter. Gateway Wealth Partners LLC now owns 14,996 shares of the company’s stock valued at $1,837,000 after purchasing an additional 2,983 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in First Trust Large Cap Growth AlphaDEX Fund by 0.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,043 shares of the company’s stock valued at $3,436,000 after buying an additional 102 shares during the last quarter. Susquehanna International Group LLP boosted its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 107.5% during the 2nd quarter. Susquehanna International Group LLP now owns 27,139 shares of the company’s stock worth $3,325,000 after purchasing an additional 14,063 shares during the period. Finally, AE Wealth Management LLC boosted its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 11.2% during the second quarter. AE Wealth Management LLC now owns 21,410 shares of the company’s stock worth $2,623,000 after buying an additional 2,150 shares during the period.

About First Trust Large Cap Growth AlphaDEX Fund

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).