First Trust Large Cap Core AlphaDEX Fund Price & Performance (FEX)

First Trust Large Cap Core AlphaDEX Fund experienced a notable surge in trading volume, with 38,055 shares changing hands—up 53% from the previous session. The fund, which tracks an enhanced S&P 500 index, also saw recent dividend adjustments and increased institutional buying, signaling renewed investor interest.12

Short interest in the First Trust Europe AlphaDEX Fund dropped sharply by nearly 60% in April, reaching just 9,300 shares mid-month. The ETF’s stock price has also risen, and institutional investors have adjusted their positions, reflecting shifting sentiment in European equity markets.34

The First Trust Large Cap Growth AlphaDEX Fund currently has a market cap of $1.27 billion and an average analyst price target suggesting an 11% upside. Despite a recent dip in trading volume, the consensus rating remains a moderate buy, supported by ongoing institutional accumulation.54