First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Stock Price Up 0.1% – Here’s Why

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC)’s share price rose 0.1% on Wednesday . The stock traded as high as $154.60 and last traded at $154.60. Approximately 8,672 shares traded hands during trading, a decline of 70% from the average daily volume of 28,759 shares. The stock had previously closed at $154.52.

First Trust Large Cap Growth AlphaDEX Fund Trading Up 0.1%

The firm’s 50 day moving average is $151.88 and its two-hundred day moving average is $141.97. The firm has a market cap of $1.21 billion, a P/E ratio of 28.68 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a dividend of $0.1122 per share. This represents a $0.45 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, June 26th. This is a positive change from First Trust Large Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.04.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. NBC Securities Inc. lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 103,600.0% in the first quarter. NBC Securities Inc. now owns 10,370 shares of the company’s stock valued at $1,362,000 after buying an additional 10,360 shares in the last quarter. Flagstar Advisors Inc. lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 21.6% in the first quarter. Flagstar Advisors Inc. now owns 3,480 shares of the company’s stock valued at $457,000 after buying an additional 617 shares in the last quarter. Centaurus Financial Inc. bought a new position in First Trust Large Cap Growth AlphaDEX Fund in the fourth quarter valued at approximately $133,000. Richmond Investment Services LLC bought a new position in First Trust Large Cap Growth AlphaDEX Fund in the fourth quarter valued at approximately $542,000. Finally, Focus Partners Wealth lifted its stake in First Trust Large Cap Growth AlphaDEX Fund by 26.2% in the fourth quarter. Focus Partners Wealth now owns 3,340 shares of the company’s stock valued at $462,000 after buying an additional 693 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).