Short Interest in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Decreases By 42.8%

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Get Free Report) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 37,729 shares, a decrease of 42.8% from the April 15th total of 65,916 shares. Based on an average daily trading volume, of 124,113 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ FV opened at $69.65 on Tuesday. The business’s 50 day moving average price is $63.94 and its 200-day moving average price is $63.91. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $56.17 and a fifty-two week high of $70.58. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08.

Get First Trust Dorsey Wright Focus 5 ETF alerts:

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.0514 dividend. This represents a $0.21 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, March 26th.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Ameritas Advisory Services LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 88.2% in the third quarter. Ameritas Advisory Services LLC now owns 23,922 shares of the company’s stock worth $1,481,000 after buying an additional 11,213 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth approximately $1,018,000. QP Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth approximately $2,379,000. Gateway Wealth Partners LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 359.6% in the third quarter. Gateway Wealth Partners LLC now owns 108,446 shares of the company’s stock worth $6,715,000 after buying an additional 84,850 shares during the period. Finally, Savvy Advisors Inc. raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 200.6% in the fourth quarter. Savvy Advisors Inc. now owns 21,721 shares of the company’s stock worth $1,367,000 after buying an additional 14,494 shares during the period.

About First Trust Dorsey Wright Focus 5 ETF

(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.

Featured Articles

• Five stocks we like better than First Trust Dorsey Wright Focus 5 ETF
• Why Applied Optoelectronics Stock May Be Near a Turning Point
• From High-Yield to High-Growth: 3 Stocks Boosting Dividends
• Is Everspin Technologies the Next AI Edge Breakout?
• 5 Robotics Stocks to Watch as Physical AI Builds Momentum

Receive News & Ratings for First Trust Dorsey Wright Focus 5 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Dorsey Wright Focus 5 ETF and related companies with MarketBeat.com's FREE daily email newsletter.