Short Interest in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Expands By 115.5%

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVGet Free Report) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 57,100 shares, a growth of 115.5% from the May 15th total of 26,500 shares. Based on an average daily volume of 112,300 shares, the short-interest ratio is presently 0.5 days.

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

A number of institutional investors have recently made changes to their positions in the stock. Cetera Advisors LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 101.2% during the first quarter. Cetera Advisors LLC now owns 74,489 shares of the company’s stock valued at $4,263,000 after acquiring an additional 37,460 shares during the last quarter. Cetera Investment Advisers increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 311.9% during the first quarter. Cetera Investment Advisers now owns 535,013 shares of the company’s stock valued at $30,619,000 after acquiring an additional 405,129 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 12,315 shares of the company’s stock valued at $705,000 after acquiring an additional 402 shares during the last quarter. Trustmark National Bank Trust Department increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 13.9% during the first quarter. Trustmark National Bank Trust Department now owns 16,378 shares of the company’s stock valued at $937,000 after acquiring an additional 2,000 shares during the last quarter. Finally, HBK Sorce Advisory LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the first quarter valued at about $267,000.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.5 %

Shares of FV traded down $0.28 during trading on Friday, reaching $56.93. 119,004 shares of the company traded hands, compared to its average volume of 130,055. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $41.05 and a twelve month high of $57.97. The stock has a market cap of $3.77 billion, a PE ratio of 16.50 and a beta of 1.07. The stock has a 50-day simple moving average of $55.48 and a 200-day simple moving average of $53.88.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.007 per share. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.05%. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust Dorsey Wright Focus 5 ETF Company Profile

(Get Free Report)

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.

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