First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Large Volume Increase – Here’s What Happened

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw unusually-high trading volume on Wednesday . Approximately 77,324 shares were traded during mid-day trading, an increase of 239% from the previous session’s volume of 22,819 shares.The stock last traded at $107.05 and had previously closed at $107.11.

First Trust Large Cap Core AlphaDEX Fund Price Performance

The firm has a market cap of $1.29 billion, a P/E ratio of 17.45 and a beta of 1.06. The company has a fifty day moving average of $108.17 and a 200-day moving average of $102.47.

First Trust Large Cap Core AlphaDEX Fund Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.4193 dividend. The ex-dividend date is Friday, December 13th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FEX. International Assets Investment Management LLC increased its holdings in First Trust Large Cap Core AlphaDEX Fund by 10,315.2% in the 3rd quarter. International Assets Investment Management LLC now owns 178,620 shares of the company’s stock worth $18,607,000 after acquiring an additional 176,905 shares during the last quarter. Kingsview Wealth Management LLC bought a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the third quarter valued at approximately $10,192,000. Benjamin Edwards Inc. purchased a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the 3rd quarter valued at approximately $5,227,000. Benjamin F. Edwards & Company Inc. boosted its holdings in First Trust Large Cap Core AlphaDEX Fund by 344.9% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 49,718 shares of the company’s stock worth $4,822,000 after buying an additional 38,544 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in First Trust Large Cap Core AlphaDEX Fund in the 2nd quarter valued at approximately $2,675,000.

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.