Surge in Trading Volume for First Trust Large Cap Value AlphaDEX Fund ETF
Afternoon activity highlights key component stocks
The First Trust Large Cap Value AlphaDEX Fund ETF (FTA) experienced notable trading activity on Wednesday, with over 271,000 shares exchanged, significantly above its three-month average volume of approximately 33,000 shares. The fund’s shares increased by about 0.5% during the trading session.
Among the ETF’s components, Ford Motor Company saw the highest trading volume with over 26.3 million shares traded, though it dipped slightly by about 0.1%. Intel Corporation, on the other hand, gained roughly 2.5% with more than 23.8 million shares changing hands. Charter Communications stood out as the top performer, rising 5.7% on the day. Conversely, Skyworks Solutions struggled, trading down about 4% compared to its peers within the First Trust Large Cap Value AlphaDEX Fund ETF.
VIDEO: Wednesday’s ETF with Unusual Volume: FTA
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
