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

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) shares saw an uptick in trading volume on Monday . 271,310 shares changed hands during mid-day trading, an increase of 96% from the previous session’s volume of 138,522 shares.The stock last traded at $55.97 and had previously closed at $55.36.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

The company has a market capitalization of $3.63 billion, a PE ratio of 18.21 and a beta of 1.07. The stock has a 50 day moving average price of $60.11 and a two-hundred day moving average price of $59.38.

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

A number of large investors have recently added to or reduced their stakes in FV. Assetmark Inc. grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 6.2% in the 3rd quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock valued at $223,000 after buying an additional 224 shares during the last quarter. Aptus Capital Advisors LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 21.7% in the third quarter. Aptus Capital Advisors LLC now owns 2,179 shares of the company’s stock worth $127,000 after acquiring an additional 389 shares during the last quarter. Avior Wealth Management LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 40.1% during the third quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock worth $135,000 after acquiring an additional 661 shares during the period. Prospera Private Wealth LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at $118,000. Finally, Moors & Cabot Inc. acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth $256,000.

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.