First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
20 hedge funds and large institutions have $16.9M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
0% more funds holding
Funds holding: 20 → 20 (0)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
3.76% less ownership
Funds ownership: 57.75% → 53.99% (-3.8%)
46% less capital invested
Capital invested by funds: $31.5M → $16.9M (-$14.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$979K |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$905K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$544K |
| 4 |
LPL Financial
San Diego,
California
|
+$504K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$471K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$3.97M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$3.49M |
| 3 |
Rockefeller Capital Management
New York
|
-$517K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$376K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$329K |
DDIV Hedge Fund Activity: Q1 2020 in Review
20 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) for Q1 2020, worth a combined $16.9M — down 46% from $31.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DDIV positions and 6 closed out — a net gain of 2 holders — while 4 added to existing stakes and 4 trimmed.
The largest buyer was Affinity Wealth Management, opening a new position worth an estimated $979K. The largest seller was MML Investors Services, cutting an estimated $3.97M.
- 20 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $16.9M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q1 2020, down 46% quarter-over-quarter.
- 8 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q1 2020 and 6 closed out, a net change of +2 holders.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF buyer in Q1 2020 was Affinity Wealth Management, an estimated $979K added.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q1 2020 was MML Investors Services, an estimated $3.97M sold.
Based on aggregated 13F filings for Q1 2020.