Large Outflow of Money Witnessed in First Trust Dorsey Wright Focus 5 ETF

First Trust Dorsey Wright Focus 5 ETF (FV) : The total negative money flow of $0.81 million on Wednesday indicates selling on strength. The inflow of money on upticks was $0.6 million, compared to $1.41 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.42. The negative money flow of $0.7 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $0.32 million in a block trade.The transaction value of block trade on downtick was $1.02 million. The uptick to downtick ratio was 0.32. The price action in the First Trust Dorsey Wright Focus 5 ETF (FV) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $22.68 with a gain of $0.08 , a change of 0.35% over the previous days close. The stock registered -0.13% for the week.

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Shares of First Trust Dorsey Wright Focus 5 ETF appreciated by 1.11% during the last five trading days but lost 0.04% on a 4-week basis. First Trust Dorsey Wright Focus 5 ETF is up 4.04% in the last 3-month period. Year-to-Date the stock performance stands at -2.22%.

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