First Trust Large Cap Value AlphaDEX Fund Price & Performance (FTA)

Growth stock ETFs have faced significant setbacks as the broader market trends downward. Investor sentiment has shifted, leading to noticeable declines in these funds' performances. Analysts note this could be due to rising interest rates and economic uncertainties, which have dampened enthusiasm for high-growth investments.1

The First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) experienced a 14.7% drop in short interest in February. With a short-interest ratio of just 0.3 days, this decrease signals reduced bearish sentiment. The fund's price remains stable, with its market cap at $1.26 billion and a beta of 1.06.2

The First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) reported an 86% increase in trading volume on Tuesday, closing at $129.63. This surge comes as investors take interest in its growth potential, despite its 50-day moving average showing a downward trend compared to its 200-day average.3