First Trust Dorsey Wright Focus 5 ETF $FV Stake Boosted by Private Advisor Group LLC

Private Advisor Group LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 22.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 346,335 shares of the company’s stock after purchasing an additional 64,429 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $20,932,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. QP Wealth Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $2,379,000. Flagship Harbor Advisors LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $1,018,000. AlphaCore Capital LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $8,977,000. Savvy Advisors Inc. boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 200.6% in the 4th quarter. Savvy Advisors Inc. now owns 21,721 shares of the company’s stock worth $1,367,000 after purchasing an additional 14,494 shares during the period. Finally, Marshall Investment Management LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 41.6% during the 3rd quarter. Marshall Investment Management LLC now owns 52,785 shares of the company’s stock worth $3,268,000 after purchasing an additional 15,507 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.0%

Shares of NASDAQ:FV opened at $72.53 on Friday. The company’s fifty day moving average is $71.10 and its two-hundred day moving average is $66.54. The company has a market cap of $3.78 billion, a P/E ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $58.33 and a 12-month high of $76.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.0761 per share. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Thursday, June 25th.

First Trust Dorsey Wright Focus 5 ETF Company 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.