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

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) shares saw an uptick in trading volume on Friday . 195,983 shares were traded during trading, an increase of 82% from the previous session’s volume of 107,619 shares.The stock last traded at $58.24 and had previously closed at $59.56.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.8 %

The firm has a market capitalization of $3.79 billion, a PE ratio of 16.50 and a beta of 1.07. The firm’s fifty day moving average price is $60.52 and its 200 day moving average price is $58.13.

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 given a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Caprock Group LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth $202,000. Choreo LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at approximately $297,000. Main Street Financial Solutions LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at approximately $231,000. Zions Bancorporation N.A. bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $86,000. Finally, CoreCap Advisors LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at $1,552,000.

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.