First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Strong Trading Volume – Here’s Why

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw unusually-strong trading volume on Tuesday . Approximately 24,010 shares traded hands during trading, an increase of 47% from the previous session’s volume of 16,309 shares.The stock last traded at $109.37 and had previously closed at $108.56.

First Trust Large Cap Core AlphaDEX Fund Price Performance

The company has a 50 day simple moving average of $108.01 and a 200-day simple moving average of $104.04. The stock has a market cap of $1.34 billion, a P/E ratio of 17.45 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.4193 per share. The ex-dividend date was Friday, December 13th.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Assetmark Inc. grew its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 24.4% during the third quarter. Assetmark Inc. now owns 1,676 shares of the company’s stock valued at $175,000 after buying an additional 329 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in First Trust Large Cap Core AlphaDEX Fund in the 3rd quarter worth approximately $207,000. Ellis Investment Partners LLC bought a new stake in First Trust Large Cap Core AlphaDEX Fund in the third quarter valued at approximately $213,000. World Equity Group Inc. purchased a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the third quarter valued at approximately $268,000. Finally, Kingswood Wealth Advisors LLC bought a new position in shares of First Trust Large Cap Core AlphaDEX Fund in the fourth quarter worth approximately $336,000.

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.