First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Large Volume Increase

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw an uptick in trading volume on Monday . 288,498 shares changed hands during mid-day trading, an increase of 116% from the previous session’s volume of 133,329 shares.The stock last traded at $55.37 and had previously closed at $54.73.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.1 %

The company has a market capitalization of $3.67 billion, a PE ratio of 16.50 and a beta of 1.37. The firm has a 50-day moving average of $55.53 and a two-hundred day moving average of $51.68.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.007 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.03 dividend on an annualized basis and a yield of 0.05%.

Hedge Funds Weigh In On First Trust Dorsey Wright Focus 5 ETF

A number of hedge funds have recently bought and sold shares of FV. LPL Financial LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 3.2% in the 3rd quarter. LPL Financial LLC now owns 4,237,786 shares of the company’s stock valued at $187,734,000 after buying an additional 130,520 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 27.7% in the third quarter. Kestra Private Wealth Services LLC now owns 63,753 shares of the company’s stock worth $2,824,000 after acquiring an additional 13,827 shares during the last quarter. HFG Advisors Inc. boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% in the fourth quarter. HFG Advisors Inc. now owns 150,651 shares of the company’s stock worth $7,766,000 after acquiring an additional 1,292 shares during the last quarter. Citigroup Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.5% during the third quarter. Citigroup Inc. now owns 111,648 shares of the company’s stock worth $4,946,000 after purchasing an additional 3,794 shares in the last quarter. Finally, Daymark Wealth Partners LLC lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 21.8% in the 4th quarter. Daymark Wealth Partners LLC now owns 96,307 shares of the company’s stock valued at $4,965,000 after purchasing an additional 17,230 shares in the last quarter.

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.