First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Strong Trading Volume – What’s Next?

Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw strong trading volume on Tuesday . 170,293 shares traded hands during trading, an increase of 43% from the previous session’s volume of 118,970 shares.The stock last traded at $62.79 and had previously closed at $62.53.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.8 %

The stock has a market cap of $4.06 billion, a P/E ratio of 16.50 and a beta of 1.07. The company has a 50-day moving average price of $60.94 and a two-hundred day moving average price of $58.94.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.0386 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust Dorsey Wright Focus 5 ETF

Several hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at about $175,000. Fisher Asset Management LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at about $264,000. Avior Wealth Management LLC increased its holdings in shares of 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 valued at $135,000 after purchasing an additional 661 shares during the period. Benjamin Edwards Inc. boosted its stake 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 during the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% in the third quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock worth $2,089,000 after buying an additional 724 shares during 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.