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

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 22,000 shares, a drop of 85.4% from the February 13th total of 151,200 shares. Based on an average daily volume of 125,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of First Trust Dorsey Wright Focus 5 ETF

Large investors have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter worth $264,000. Avior Wealth Management LLC grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 40.1% in the third quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock worth $135,000 after purchasing an additional 661 shares during the period. Benjamin Edwards Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 5,608.3% in the third quarter. Benjamin Edwards Inc. now owns 20,607 shares of the company’s stock worth $1,201,000 after acquiring an additional 20,246 shares in the last quarter. Garden State Investment Advisory Services LLC boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 2.1% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock worth $2,089,000 after purchasing an additional 724 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 12.9% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 7,087 shares of the company’s stock worth $419,000 after acquiring an additional 812 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.6 %

NASDAQ FV traded down $0.89 on Thursday, hitting $54.03. 30,711 shares of the company were exchanged, compared to its average volume of 134,012. The stock has a fifty day moving average of $60.30 and a 200-day moving average of $59.39. The company has a market cap of $3.48 billion, a PE ratio of 18.21 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $49.73 and a 12 month high of $63.09.

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.