First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
26 hedge funds and large institutions have $24.7M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 25 → 26 (+1)
1% less capital invested
Capital invested by funds: $24.8M → $24.7M (-$147K)
1.56% less ownership
Funds ownership: 59.56% → 58% (-1.6%)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$245K |
| 2 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$242K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$225K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$210K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KNW
Kesler Norman & Wride
Ogden,
Utah
|
-$1.7M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$532K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$420K |
| 4 |
LPL Financial
San Diego,
California
|
-$191K |
| 5 |
Morgan Stanley
New York
|
-$181K |
DDIV Hedge Fund Activity: Q4 2023 in Review
26 of the 6,869 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 Q4 2023, worth a combined $24.7M — down 0.59% from $24.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DDIV positions and 5 closed out — a net gain of 1 holder — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $245K. The largest seller was Kesler Norman & Wride, exiting entirely with an estimated $1.7M sold.
- 26 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q4 2023, up from 25 in Q3 2023.
- Funds reported $24.7M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q4 2023, down 0.59% quarter-over-quarter.
- 6 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q4 2023 and 5 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 Q4 2023 was Susquehanna International Group, an estimated $245K added.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q4 2023 was Kesler Norman & Wride, an estimated $1.7M sold.
Based on aggregated 13F filings for Q4 2023.