First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Reaches New 12-Month Low – Should You Sell?

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $113.13 and last traded at $118.64, with a volume of 27225 shares trading hands. The stock had previously closed at $118.62.

First Trust Large Cap Growth AlphaDEX Fund Trading Down 0.2 %

The company has a 50 day simple moving average of $138.40 and a 200 day simple moving average of $139.10. The stock has a market cap of $941.12 million, a P/E ratio of 25.94 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $0.0428 dividend. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.14%. The ex-dividend date was Thursday, March 27th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Comprehensive Financial Planning Inc. PA acquired a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter worth about $29,000. Pillar Financial Advisors LLC bought a new stake in First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter worth about $60,000. Mpwm Advisory Solutions LLC acquired a new position in First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter valued at approximately $60,000. Centaurus Financial Inc. bought a new position in First Trust Large Cap Growth AlphaDEX Fund in the fourth quarter valued at approximately $133,000. Finally, Runnymede Capital Advisors Inc. acquired a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter worth approximately $138,000.

About First Trust Large Cap Growth AlphaDEX Fund

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).