Quantinno Capital Management LP Buys 8,081 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Quantinno Capital Management LP raised its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 86.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,375 shares of the company’s stock after buying an additional 8,081 shares during the period. Quantinno Capital Management LP’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,050,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in FV. Gateway Wealth Partners LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 99.2% during the first quarter. Gateway Wealth Partners LLC now owns 214,630 shares of the company’s stock worth $12,972,000 after buying an additional 106,877 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% during the 1st quarter. Cetera Investment Advisers now owns 403,640 shares of the company’s stock valued at $24,395,000 after acquiring an additional 3,749 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 1st quarter valued at $565,000. WealthTrust Asset Management LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 11.6% during the 1st quarter. WealthTrust Asset Management LLC now owns 4,840 shares of the company’s stock valued at $293,000 after acquiring an additional 503 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth $64,000.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.3%

Shares of FV stock opened at $73.57 on Friday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $58.33 and a twelve month high of $76.08. The stock’s fifty day simple moving average is $72.05 and its 200 day simple moving average is $67.92. The firm has a market capitalization of $3.82 billion, a P/E ratio of 19.48 and a beta of 1.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.0761 per share. The ex-dividend date of this dividend was Thursday, June 25th. 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%.

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.