First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Hits New 12-Month High After Dividend Announcement

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX – Get Free Report) hit a new 52-week high during trading on Thursday after the company announced a dividend. The stock traded as high as $139.75 and last traded at $139.3210, with a volume of 1412 shares. The stock had previously closed at $137.82.

The newly announced dividend which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be issued a $0.2669 dividend. The ex-dividend date is Thursday, June 25th. This represents a $1.07 annualized dividend and a yield of 0.8%.

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First Trust Large Cap Core AlphaDEX Fund Stock Up 1.3%

The firm’s fifty day moving average is $132.91 and its two-hundred day moving average is $126.46. The firm has a market cap of $1.60 billion, a P/E ratio of 17.76 and a beta of 0.95.

Institutional Investors Weigh In On First Trust Large Cap Core AlphaDEX Fund

A number of large investors have recently modified their holdings of the stock. Ankerstar Wealth LLC purchased a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the fourth quarter valued at about $27,000. Washington Trust Advisors Inc. bought a new position in First Trust Large Cap Core AlphaDEX Fund in the third quarter worth about $40,000. Wealth Watch Advisors INC purchased a new stake in First Trust Large Cap Core AlphaDEX Fund in the third quarter worth about $61,000. CIBC Private Wealth Group LLC purchased a new stake in First Trust Large Cap Core AlphaDEX Fund in the third quarter worth about $62,000. Finally, Farther Finance Advisors LLC boosted its position in First Trust Large Cap Core AlphaDEX Fund by 447.2% during the 4th quarter. Farther Finance Advisors LLC now owns 673 shares of the company’s stock valued at $80,000 after acquiring an additional 550 shares in the last quarter.

First Trust Large Cap Core AlphaDEX Fund Company Profile

(Get Free Report)

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. Standard & Poor’s constructs the Index by ranking the stocks from the S&P 500 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.

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