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 in the month of January. As of January 15th, there was short interest totaling 86,335 shares, a growth of 170.3% from the December 31st total of 31,936 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 175,093 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 175,093 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are short sold.

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

Institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 250,269 shares of the company’s stock worth $15,747,000 after buying an additional 749 shares in the last quarter. West Michigan Advisors LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 12.1% in the fourth quarter. West Michigan Advisors LLC now owns 7,513 shares of the company’s stock worth $473,000 after acquiring an additional 810 shares during the period. EPG Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth about $32,000. Kingswood Wealth Advisors LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 44.6% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 18,625 shares of the company’s stock valued at $1,172,000 after acquiring an additional 5,745 shares during the period. Finally, Earned Wealth Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $931,000.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.5%

Shares of FV stock traded down $0.33 on Thursday, hitting $67.46. The company had a trading volume of 99,099 shares, compared to its average volume of 194,883. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $68.16. The firm has a market cap of $3.76 billion, a P/E ratio of 19.48 and a beta of 1.08. The company has a 50-day moving average price of $63.96 and a 200-day moving average price of $62.23.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.1355 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.54 annualized dividend and a yield of 0.8%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

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.