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

Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw strong trading volume on Friday . 338,356 shares traded hands during trading, an increase of 50% from the previous session’s volume of 226,190 shares.The stock last traded at $43.68 and had previously closed at $43.02.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

The firm’s 50-day simple moving average is $44.38 and its 200 day simple moving average is $45.23. The company has a market cap of $3.02 billion, a P/E ratio of 14.01 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Monday, September 25th were given a dividend of $0.0096 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.09%. The ex-dividend date of this dividend was Friday, September 22nd.

Institutional Trading of First Trust Dorsey Wright Focus 5 ETF

Several institutional investors and hedge funds have recently made changes to their positions in FV. Allworth Financial LP grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 28.0% in the 2nd quarter. Allworth Financial LP now owns 1,098 shares of the company’s stock valued at $52,000 after buying an additional 240 shares during the period. Smith Moore & CO. grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.0% in the 1st quarter. Smith Moore & CO. now owns 33,280 shares of the company’s stock valued at $1,500,000 after buying an additional 316 shares during the period. IHT Wealth Management LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 4.6% in the 2nd quarter. IHT Wealth Management LLC now owns 8,092 shares of the company’s stock valued at $380,000 after buying an additional 357 shares during the period. Cyndeo Wealth Partners LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 4.3% in the 1st quarter. Cyndeo Wealth Partners LLC now owns 8,637 shares of the company’s stock valued at $389,000 after buying an additional 360 shares during the period. Finally, Citadel Advisors LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 3.6% in the 2nd quarter. Citadel Advisors LLC now owns 11,821 shares of the company’s stock valued at $555,000 after buying an additional 409 shares during the period.

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.