First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Get Free Report) saw a significant decline in short interest in the month of 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. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 131,800 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Investors Weigh In On First Trust Dorsey Wright Focus 5 ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Crews Bank & Trust bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth $27,000. Park Square Financial Group LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth $28,000. Wilmington Savings Fund Society FSB bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter worth $29,000. Grove Bank & Trust acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at about $30,000. Finally, South Plains Financial Inc. bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $44,000.
First Trust Dorsey Wright Focus 5 ETF Stock Down 1.1 %
NASDAQ FV opened at $56.95 on Thursday. The firm has a 50-day moving average price of $59.64 and a two-hundred day moving average price of $59.41. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $49.73 and a 12-month high of $63.09. The company has a market capitalization of $3.67 billion, a P/E ratio of 18.97 and a beta of 1.07.
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.
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