First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Down 91.4% in October

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 5,800 shares, a decrease of 91.4% from the October 15th total of 67,400 shares. Based on an average trading volume of 32,900 shares, the days-to-cover ratio is presently 0.2 days.

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

A number of large investors have recently modified their holdings of the business. Kaydan Wealth Management Inc. raised its stake in shares of First Trust Large Cap Value AlphaDEX Fund by 31.9% during the 2nd quarter. Kaydan Wealth Management Inc. now owns 379,160 shares of the company’s stock worth $27,906,000 after buying an additional 91,805 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 0.7% in the 2nd quarter. Cetera Investment Advisers now owns 300,173 shares of the company’s stock worth $22,093,000 after acquiring an additional 2,194 shares during the period. Kingsview Wealth Management LLC grew its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 10.0% in the 1st quarter. Kingsview Wealth Management LLC now owns 279,571 shares of the company’s stock worth $21,354,000 after acquiring an additional 25,440 shares during the period. International Assets Investment Management LLC grew its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 7,813.5% in the 3rd quarter. International Assets Investment Management LLC now owns 264,785 shares of the company’s stock worth $20,952,000 after acquiring an additional 261,439 shares during the period. Finally, Assetmark Inc. grew its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 10.7% in the 3rd quarter. Assetmark Inc. now owns 133,805 shares of the company’s stock worth $10,588,000 after acquiring an additional 12,890 shares during the period.

First Trust Large Cap Value AlphaDEX Fund Trading Down 0.8 %

Shares of NASDAQ FTA traded down $0.62 during trading hours on Tuesday, reaching $81.16. The stock had a trading volume of 48,005 shares, compared to its average volume of 43,917. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. First Trust Large Cap Value AlphaDEX Fund has a fifty-two week low of $63.58 and a fifty-two week high of $82.05. The firm has a 50-day moving average of $78.75 and a 200-day moving average of $76.30.

First Trust Large Cap Value AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.453 per share. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.33. This represents a $1.81 annualized dividend and a yield of 2.23%.

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.