First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Hits New 52-Week High – Time to Buy?

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $108.20 and last traded at $108.12, with a volume of 3247 shares trading hands. The stock had previously closed at $105.11.

First Trust Large Cap Core AlphaDEX Fund Stock Up 0.1 %

The business has a 50-day moving average price of $103.67 and a 200-day moving average price of $99.70. The firm has a market capitalization of $1.33 billion, a P/E ratio of 17.45 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.3502 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.29%. This is a boost from First Trust Large Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.26. The ex-dividend date was Thursday, September 26th.

Institutional Trading of First Trust Large Cap Core AlphaDEX Fund

A number of large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC grew its position in First Trust Large Cap Core AlphaDEX Fund by 3.4% in the third quarter. Janney Montgomery Scott LLC now owns 503,029 shares of the company’s stock valued at $52,400,000 after acquiring an additional 16,559 shares during the period. Osaic Holdings Inc. grew its position in First Trust Large Cap Core AlphaDEX Fund by 33.0% in the first quarter. Osaic Holdings Inc. now owns 200,762 shares of the company’s stock valued at $19,924,000 after acquiring an additional 49,867 shares during the period. Kestra Advisory Services LLC grew its position in First Trust Large Cap Core AlphaDEX Fund by 31.5% in the first quarter. Kestra Advisory Services LLC now owns 185,278 shares of the company’s stock valued at $18,387,000 after acquiring an additional 44,329 shares during the period. HBK Sorce Advisory LLC grew its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 1.6% during the second quarter. HBK Sorce Advisory LLC now owns 185,036 shares of the company’s stock worth $17,947,000 after purchasing an additional 2,934 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 10,315.2% during the third quarter. International Assets Investment Management LLC now owns 178,620 shares of the company’s stock worth $18,607,000 after purchasing an additional 176,905 shares during the last quarter.

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.