First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Short Interest Update

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 46,500 shares, a growth of 26.7% from the June 30th total of 36,700 shares. Based on an average daily trading volume, of 113,200 shares, the days-to-cover ratio is presently 0.4 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. First Citizens Bank & Trust Co. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $516,000. DAVENPORT & Co LLC lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 10.2% in the fourth quarter. DAVENPORT & Co LLC now owns 10,441 shares of the company’s stock worth $538,000 after buying an additional 970 shares during the period. International Assets Investment Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at approximately $30,295,000. Madrona Financial Services LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 13.5% during the 4th quarter. Madrona Financial Services LLC now owns 489,750 shares of the company’s stock worth $25,247,000 after acquiring an additional 58,105 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $212,000.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.2 %

FV stock opened at $55.93 on Friday. The stock has a market capitalization of $3.66 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. The firm’s 50-day moving average price is $57.03 and its two-hundred day moving average price is $55.44. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $41.05 and a 12-month high of $59.85.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.0167 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date was Thursday, June 27th.

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.