First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Large Volume Increase

Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw strong trading volume on Tuesday . 278,733 shares were traded during trading, an increase of 123% from the previous session’s volume of 125,223 shares.The stock last traded at $57.64 and had previously closed at $57.79.

First Trust Dorsey Wright Focus 5 ETF Price Performance

The company has a market cap of $3.76 billion, a PE ratio of 16.50 and a beta of 1.07. The business has a 50 day moving average of $57.07 and a 200 day moving average of $55.35.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a $0.0167 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.07 annualized dividend and a dividend yield of 0.12%.

Institutional Trading of First Trust Dorsey Wright Focus 5 ETF

Large investors have recently bought and sold shares of the company. Creekmur Asset Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at $36,000. Tortoise Investment Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $40,000. Moisand Fitzgerald Tamayo LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $41,000. Benjamin Edwards Inc. grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 47.8% in the first quarter. Benjamin Edwards Inc. now owns 711 shares of the company’s stock worth $41,000 after purchasing an additional 230 shares during the period. Finally, Partnership Wealth Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $49,000.

First Trust Dorsey Wright Focus 5 ETF Company Profile

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.