First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Significant Growth in Short Interest
First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Get Free Report) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 47,900 shares, a growth of 316.5% from the November 15th total of 11,500 shares. Based on an average daily trading volume, of 199,900 shares, the days-to-cover ratio is presently 0.2 days.
First Trust Dorsey Wright Focus 5 ETF Stock Performance
Shares of FV stock traded up $0.11 during mid-day trading on Tuesday, hitting $49.22. The company’s stock had a trading volume of 124,784 shares, compared to its average volume of 221,475. The company’s fifty day simple moving average is $44.89 and its 200-day simple moving average is $45.73. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $41.05 and a 52 week high of $49.38. The company has a market cap of $3.37 billion, a PE ratio of 14.01 and a beta of 1.07.
First Trust Dorsey Wright Focus 5 ETF Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Monday, September 25th were given a $0.0096 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.08%. The ex-dividend date was Friday, September 22nd.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. LPL Financial LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 24.3% in the 2nd quarter. LPL Financial LLC now owns 4,107,266 shares of the company’s stock valued at $192,672,000 after buying an additional 801,990 shares in the last quarter. Prospera Financial Services Inc increased its position in First Trust Dorsey Wright Focus 5 ETF by 72.2% in the 2nd quarter. Prospera Financial Services Inc now owns 1,737,932 shares of the company’s stock valued at $81,530,000 after buying an additional 728,882 shares in the last quarter. Morgan Stanley increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 8,374,594 shares of the company’s stock worth $389,837,000 after purchasing an additional 584,185 shares in the last quarter. Private Advisor Group LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth approximately $19,851,000. Finally, UBS Group AG increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 21.3% during the 1st quarter. UBS Group AG now owns 2,049,722 shares of the company’s stock worth $92,401,000 after purchasing an additional 360,248 shares in the last quarter.
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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