Gateway Wealth Partners LLC Acquires 84,850 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Gateway Wealth Partners LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVFree Report) by 359.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 108,446 shares of the company’s stock after purchasing an additional 84,850 shares during the period. First Trust Dorsey Wright Focus 5 ETF comprises about 0.9% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 27th biggest position. Gateway Wealth Partners LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $6,715,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Evolution Wealth Management Inc. purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at about $44,000. ST Germain D J Co. Inc. bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $56,000. MAI Capital Management lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 44.2% during the second quarter. MAI Capital Management now owns 1,895 shares of the company’s stock valued at $112,000 after purchasing an additional 581 shares in the last quarter. Private Trust Co. NA boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 13.2% in the second quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock worth $114,000 after purchasing an additional 225 shares during the period. Finally, Hantz Financial Services Inc. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter worth $158,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV opened at $66.17 on Friday. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The firm’s fifty day moving average is $64.73 and its 200 day moving average is $62.53. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $68.16.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.1355 dividend. This represents a $0.54 annualized dividend and a dividend yield of 0.8%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, December 12th.

First Trust Dorsey Wright Focus 5 ETF Profile

(Free Report)

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.

See Also

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Institutional Ownership by Quarter for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

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