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

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) shares saw strong trading volume on Tuesday . 25,205 shares traded hands during mid-day trading, an increase of 12% from the previous session’s volume of 22,442 shares.The stock last traded at $104.81 and had previously closed at $104.44.

First Trust Large Cap Core AlphaDEX Fund Stock Down 0.5 %

The firm has a 50 day moving average price of $106.44 and a 200-day moving average price of $106.27. The stock has a market capitalization of $1.27 billion, a PE ratio of 18.31 and a beta of 1.06.

Institutional Trading of First Trust Large Cap Core AlphaDEX Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. D.A. Davidson & CO. raised its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 0.6% during the fourth quarter. D.A. Davidson & CO. now owns 27,479 shares of the company’s stock worth $2,866,000 after purchasing an additional 154 shares during the last quarter. Merit Financial Group LLC grew its position in First Trust Large Cap Core AlphaDEX Fund by 6.2% during the 4th quarter. Merit Financial Group LLC now owns 3,295 shares of the company’s stock worth $344,000 after purchasing an additional 193 shares during the period. Insigneo Advisory Services LLC raised its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 4.9% during the 4th quarter. Insigneo Advisory Services LLC now owns 4,300 shares of the company’s stock valued at $448,000 after buying an additional 200 shares during the last quarter. Hurley Capital LLC acquired a new position in shares of First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at about $34,000. Finally, Apollon Financial LLC boosted its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 12.1% in the fourth quarter. Apollon Financial LLC now owns 4,180 shares of the company’s stock worth $436,000 after buying an additional 450 shares during the last quarter.

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.