Savvy Advisors Inc. Acquires 14,494 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Savvy Advisors Inc. raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 200.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,721 shares of the company’s stock after purchasing an additional 14,494 shares during the quarter. Savvy Advisors Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,367,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FV. AQR Capital Management LLC lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 85.2% during the first quarter. AQR Capital Management LLC now owns 46,043 shares of the company’s stock worth $2,526,000 after purchasing an additional 21,179 shares during the last quarter. Jane Street Group LLC lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 33.0% during the first quarter. Jane Street Group LLC now owns 29,687 shares of the company’s stock worth $1,629,000 after purchasing an additional 7,361 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 16.4% during the second quarter. Qube Research & Technologies Ltd now owns 21,142 shares of the company’s stock worth $1,253,000 after purchasing an additional 2,976 shares during the last quarter. Quantinno Capital Management LP lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 15.0% during the second quarter. Quantinno Capital Management LP now owns 5,168 shares of the company’s stock worth $306,000 after purchasing an additional 673 shares during the last quarter. Finally, Ausdal Financial Partners Inc. lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.3% during the second quarter. Ausdal Financial Partners Inc. now owns 7,655 shares of the company’s stock worth $454,000 after purchasing an additional 244 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.6%

NASDAQ:FV opened at $61.37 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $68.16. The company has a market cap of $3.29 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The stock has a fifty day simple moving average of $63.70 and a 200-day simple moving average of $63.10.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0514 dividend. This represents a $0.21 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, March 26th.

First Trust Dorsey Wright Focus 5 ETF Profile

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.