The First Trust Large Cap Growth AlphaDEX Fund (Symbol: FTC) experienced a significant outflow of approximately $298.2 million, marking a week-over-week decrease of 19.9% in shares outstanding, which fell from 9,800,002 to 7,850,002. This shift occurred alongside notable performances from major holdings, with SoFi Technologies Inc (SOFI) down about 0.7%, Super Micro Computer Inc (SMCI) up about 1.9%, and Roblox Corp (RBLX) gaining 0.4%.
FTC’s 52-week trading range shows a low of $113.13 and a high of $153.67, with its last trade recorded at $153.05. The fund’s performance is being analyzed in relation to its 200-day moving average as part of a broader trend in ETF market flows.