First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 55,273 shares, a decrease of 33.6% from the August 15th total of 83,242 shares. Based on an average daily volume of 46,984 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the company’s shares are sold short.
Hedge Funds Weigh In On First Trust Dorsey Wright Focus 5 ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. SkyOak Wealth LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% in the first quarter. SkyOak Wealth LLC now owns 107,748 shares of the company’s stock valued at $6,512,000 after purchasing an additional 297 shares in the last quarter. Topsail Wealth Management LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% in the first quarter. Topsail Wealth Management LLC now owns 15,622 shares of the company’s stock worth $944,000 after buying an additional 328 shares during the period. Stephens Inc. AR grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.4% during the first quarter. Stephens Inc. AR now owns 16,029 shares of the company’s stock valued at $969,000 after buying an additional 369 shares in the last quarter. Washington Trust Advisors Inc. purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at $35,000. Finally, WealthTrust Asset Management LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 11.6% during the first quarter. WealthTrust Asset Management LLC now owns 4,840 shares of the company’s stock valued at $293,000 after buying an additional 503 shares during the period.
First Trust Dorsey Wright Focus 5 ETF Stock Down 0.3%
NASDAQ:FV opened at $72.63 on Friday. The stock has a fifty day simple moving average of $72.04 and a 200 day simple moving average of $69.16. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 19.48 and a beta of 1.09. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $58.33 and a 1-year high of $76.08.
First Trust Dorsey Wright Focus 5 ETF Increases Dividend
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.
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