First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Sets New 52-Week High at $79.43

Shares of First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) hit a new 52-week high during trading on Tuesday . The company traded as high as $79.43 and last traded at $79.31, with a volume of 5442 shares trading hands. The stock had previously closed at $79.06.

First Trust Large Cap Value AlphaDEX Fund Stock Performance

The company has a market capitalization of $1.24 billion, a PE ratio of 14.55 and a beta of 1.11. The stock’s 50 day moving average is $76.80 and its 200 day moving average is $75.14.

First Trust Large Cap Value AlphaDEX Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a dividend of $0.3297 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date was Thursday, June 27th.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. IFG Advisory LLC raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 1.0% in the second quarter. IFG Advisory LLC now owns 15,627 shares of the company’s stock worth $1,150,000 after buying an additional 160 shares during the last quarter. ICA Group Wealth Management LLC grew its stake in shares of First Trust Large Cap Value AlphaDEX Fund by 70.0% in the second quarter. ICA Group Wealth Management LLC now owns 425 shares of the company’s stock worth $31,000 after acquiring an additional 175 shares during the period. Ausdal Financial Partners Inc. grew its position in First Trust Large Cap Value AlphaDEX Fund by 4.3% during the second quarter. Ausdal Financial Partners Inc. now owns 4,711 shares of the company’s stock valued at $347,000 after buying an additional 194 shares during the period. TrueWealth Advisors LLC lifted its holdings in First Trust Large Cap Value AlphaDEX Fund by 7.5% during the second quarter. TrueWealth Advisors LLC now owns 4,143 shares of the company’s stock valued at $305,000 after purchasing an additional 289 shares in the last quarter. Finally, Eukles Asset Management lifted its holdings in First Trust Large Cap Value AlphaDEX Fund by 2.5% during the second quarter. Eukles Asset Management now owns 12,015 shares of the company’s stock valued at $884,000 after purchasing an additional 290 shares in the last quarter.

First Trust Large Cap Value AlphaDEX Fund Company Profile

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.