First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Large Volume Increase – Should You Buy?

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 170,293 shares were traded 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 Stock Down 1.5 %

The business’s 50-day simple moving average is $60.98 and its two-hundred day simple moving average is $59.06. The firm has a market capitalization of $3.98 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

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

Several institutional investors have recently bought and sold shares of the company. Crews Bank & Trust purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $27,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $29,000. Grove Bank & Trust purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth $30,000. South Plains Financial Inc. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth $44,000. Finally, Truvestments Capital LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth $45,000.

First Trust Dorsey Wright Focus 5 ETF Company Profile

(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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