First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Significant Decrease in Short Interest

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 31,936 shares, a decrease of 66.3% from the December 15th total of 94,693 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 110,462 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 110,462 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Benjamin Edwards Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 18,831 shares of the company’s stock valued at $1,116,000 after acquiring an additional 177 shares during the period. Stablepoint Partners LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.4% in the second quarter. Stablepoint Partners LLC now owns 53,642 shares of the company’s stock valued at $3,179,000 after purchasing an additional 197 shares during the period. Private Trust Co. NA raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 13.2% in the second quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock worth $114,000 after purchasing an additional 225 shares during the last quarter. Waterfront Wealth Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.8% during the third quarter. Waterfront Wealth Inc. now owns 31,662 shares of the company’s stock worth $1,957,000 after purchasing an additional 238 shares during the period. Finally, Lunt Capital Management Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.6% during the second quarter. Lunt Capital Management Inc. now owns 40,490 shares of the company’s stock worth $2,399,000 after purchasing an additional 242 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ FV traded down $0.32 during trading on Wednesday, hitting $66.00. The company’s stock had a trading volume of 71,998 shares, compared to its average volume of 163,657. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $66.67. The company has a market cap of $3.77 billion, a PE ratio of 19.48 and a beta of 1.08. The business’s 50 day simple moving average is $62.58 and its 200-day simple moving average is $61.67.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.1355 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.54 annualized dividend and a yield of 0.8%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

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.