First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU – Get Free Report) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totalling 100 shares, a decrease of 98.1% from the June 15th total of 5,400 shares. Based on an average trading volume of 5,300 shares, the short-interest ratio is presently 0.0 days.
Institutional Investors Weigh In On First Trust Dorsey Wright Momentum & Value ETF
An institutional investor recently raised its position in First Trust Dorsey Wright Momentum & Value ETF stock. Commonwealth Equity Services LLC raised its stake in shares of First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU – Free Report) by 0.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 553,732 shares of the company’s stock after buying an additional 3,431 shares during the quarter. Commonwealth Equity Services LLC owned about 61.53% of First Trust Dorsey Wright Momentum & Value ETF worth $16,678,000 at the end of the most recent reporting period.
First Trust Dorsey Wright Momentum & Value ETF Stock Up 0.8 %
Shares of DVLU traded up $0.22 on Friday, reaching $28.76. The stock had a trading volume of 284 shares, compared to its average volume of 4,371. The firm has a market capitalization of $31.64 million, a PE ratio of 8.64 and a beta of 1.18. The firm has a 50-day moving average of $28.55 and a 200 day moving average of $27.84. First Trust Dorsey Wright Momentum & Value ETF has a twelve month low of $21.10 and a twelve month high of $30.34.
First Trust Dorsey Wright Momentum & Value ETF Dividend Announcement
First Trust Dorsey Wright Momentum & Value ETF Company Profile
The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Value index. The fund tracks an index of 50 large- and mid-cap value stocks exhibiting relative strength. Holdings are weighted by value metrics. DVLU was launched on Sep 5, 2018 and is managed by First Trust.
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