Cary Street Partners Financial LLC Takes Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cary Street Partners Financial LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,322 shares of the company’s stock, valued at approximately $491,000.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 6.6% during the 4th quarter. LPL Financial LLC now owns 4,465,129 shares of the company’s stock worth $263,711,000 after purchasing an additional 277,315 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 12.9% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 7,087 shares of the company’s stock valued at $419,000 after buying an additional 812 shares during the period. Avantax Advisory Services Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 136.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 20,683 shares of the company’s stock worth $1,222,000 after acquiring an additional 11,925 shares during the period. Concentrum Wealth Management grew its position in First Trust Dorsey Wright Focus 5 ETF by 3.6% in the fourth quarter. Concentrum Wealth Management now owns 159,253 shares of the company’s stock valued at $9,405,000 after acquiring an additional 5,576 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 7.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 93,138 shares of the company’s stock worth $5,501,000 after purchasing an additional 6,790 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.0 %

FV opened at $55.71 on Friday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $63.09. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 18.71 and a beta of 1.07. The company has a fifty day simple moving average of $54.07 and a 200 day simple moving average of $58.34.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.0618 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.44%. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Thursday, March 27th.

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.