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 growth in short interest in the month of August. As of August 14th, there was short interest totaling 83,242 shares, a growth of 105.8% from the July 30th total of 40,450 shares. Based on an average trading volume of 66,643 shares, the short-interest ratio is presently 1.2 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On First Trust Dorsey Wright Focus 5 ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Washington Trust Advisors Inc. acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at $35,000. Ameritas Advisory Services LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 40.4% during the second quarter. Ameritas Advisory Services LLC now owns 25,480 shares of the company’s stock worth $1,933,000 after buying an additional 7,333 shares during the last quarter. Compass Financial Management LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth about $208,000. Elevation Wealth Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at about $206,000. Finally, Tudor Financial Inc. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 313.9% in the 2nd quarter. Tudor Financial Inc. now owns 9,755 shares of the company’s stock valued at $740,000 after acquiring an additional 7,398 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV stock opened at $73.24 on Monday. The business has a fifty day moving average price of $72.26 and a 200 day moving average price of $68.43. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 19.48 and a beta of 1.09. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $58.33 and a fifty-two week high of $76.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.0761 dividend. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%.

About First Trust Dorsey Wright Focus 5 ETF

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.