First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Trading Down 0% – Should You Sell?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC)’s share price traded down 0% on Monday . The company traded as low as $132.41 and last traded at $132.81. 23,178 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 28,919 shares. The stock had previously closed at $132.86.

First Trust Large Cap Growth AlphaDEX Fund Stock Performance

The stock has a market capitalization of $1.08 billion, a PE ratio of 21.72 and a beta of 1.04. The stock’s 50 day moving average is $130.30 and its two-hundred day moving average is $124.60.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0999 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust Large Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05. This represents a $0.40 dividend on an annualized basis and a yield of 0.30%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FTC. Patriot Financial Group Insurance Agency LLC lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 1.6% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 4,803 shares of the company’s stock worth $631,000 after purchasing an additional 77 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 0.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 28,043 shares of the company’s stock worth $3,436,000 after purchasing an additional 102 shares in the last quarter. Cyndeo Wealth Partners LLC lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 1.8% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 6,393 shares of the company’s stock worth $840,000 after purchasing an additional 110 shares in the last quarter. Global Retirement Partners LLC lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 2.9% in the 3rd quarter. Global Retirement Partners LLC now owns 4,848 shares of the company’s stock worth $637,000 after purchasing an additional 135 shares in the last quarter. Finally, LexAurum Advisors LLC lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 8.6% in the 3rd quarter. LexAurum Advisors LLC now owns 1,906 shares of the company’s stock worth $251,000 after purchasing an additional 151 shares in the last quarter.

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).