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

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 9,200 shares, a decline of 58.2% from the February 28th total of 22,000 shares. Based on an average daily trading volume, of 131,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

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

A number of hedge funds have recently bought and sold shares of the business. Fisher Asset Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the third quarter worth about $264,000. Benjamin Edwards Inc. lifted its holdings in shares of 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 buying an additional 20,246 shares in the last quarter. Garden State Investment Advisory Services LLC lifted 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. Wealthcare Advisory Partners LLC boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 12.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 7,087 shares of the company’s stock valued at $419,000 after buying an additional 812 shares during the last quarter. Finally, FMR LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.3% during the 3rd quarter. FMR LLC now owns 13,734 shares of the company’s stock valued at $800,000 after acquiring an additional 438 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ:FV traded down $1.37 during mid-day trading on Friday, reaching $54.78. The stock had a trading volume of 73,826 shares, compared to its average volume of 109,687. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $49.73 and a 12 month high of $63.09. The stock has a 50-day simple moving average of $59.56 and a two-hundred day simple moving average of $59.39. The stock has a market capitalization of $3.53 billion, a PE ratio of 18.97 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a dividend of $0.0618 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.25 annualized dividend and a dividend yield of 0.45%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

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.