First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
16 hedge funds and large institutions have $14.7M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
7% more funds holding
Funds holding: 15 → 16 (+1)
6% more capital invested
Capital invested by funds: $13.9M → $14.7M (+$846K)
3.41% more ownership
Funds ownership: 46.51% → 49.92% (+3.4%)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$8.5M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$330K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$317K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$83.4K |
| 5 |
LPL Financial
San Diego,
California
|
+$32.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$8.14M |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$369K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$294K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$292K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$47K |
DDIV Hedge Fund Activity: Q3 2020 in Review
16 of the 4,970 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 Q3 2020, worth a combined $14.7M — up 6.1% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DDIV positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 8 trimmed.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $8.5M. The largest seller was MML Investors Services, cutting an estimated $8.14M.
- 16 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q3 2020, up from 15 in Q2 2020.
- Funds reported $14.7M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q3 2020, up 6.1% quarter-over-quarter.
- 3 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q3 2020 and 2 closed out, a net change of +1 holder.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF buyer in Q3 2020 was Commonwealth Equity Services, an estimated $8.5M added.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q3 2020 was MML Investors Services, an estimated $8.14M sold.
Based on aggregated 13F filings for Q3 2020.