First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Large Volume Increase – Here’s Why

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVGet Free Report) shares saw an uptick in trading volume on Tuesday . 170,293 shares changed hands during mid-day 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 Price Performance

The company has a market capitalization of $3.98 billion, a P/E ratio of 16.50 and a beta of 1.07. The company has a fifty day moving average price of $60.98 and a 200 day moving average price of $59.06.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Crews Bank & Trust acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $27,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter worth $29,000. Grove Bank & Trust acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth about $30,000. South Plains Financial Inc. purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at $44,000. Finally, Truvestments Capital LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $45,000.

About First Trust Dorsey Wright Focus 5 ETF

(Get Free Report)

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.

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