First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Short Interest Update

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 22,000 shares, a decline of 85.4% from the February 13th total of 151,200 shares. Based on an average daily volume of 125,500 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On First Trust Dorsey Wright Focus 5 ETF

Several institutional investors have recently modified their holdings of the business. LPL Financial LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 6.6% during the 4th quarter. LPL Financial LLC now owns 4,465,129 shares of the company’s stock worth $263,711,000 after purchasing an additional 277,315 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,849,421 shares of the company’s stock worth $168,287,000 after acquiring an additional 36,184 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $157,260,000. Bank of America Corp DE lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.6% in the fourth quarter. Bank of America Corp DE now owns 1,674,187 shares of the company’s stock worth $98,878,000 after purchasing an additional 9,409 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.5% during the fourth quarter. NewEdge Advisors LLC now owns 1,017,458 shares of the company’s stock worth $60,091,000 after purchasing an additional 24,439 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.3 %

Shares of FV stock traded up $0.15 on Wednesday, hitting $54.92. The stock had a trading volume of 106,456 shares, compared to its average volume of 136,257. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $49.73 and a twelve month high of $63.09. The company has a fifty day moving average price of $60.38 and a two-hundred day moving average price of $59.42. The firm has a market cap of $3.54 billion, a P/E ratio of 18.21 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.0386 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.