World Investment Advisors Has $1.70 Million Stake in First Trust Dorsey Wright Focus 5 ETF $FV

World Investment Advisors trimmed its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,735 shares of the company’s stock after selling 395 shares during the period. World Investment Advisors’ holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,703,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. US Bancorp DE boosted its position in First Trust Dorsey Wright Focus 5 ETF by 10.3% during the second quarter. US Bancorp DE now owns 25,175 shares of the company’s stock valued at $1,495,000 after acquiring an additional 2,349 shares during the last quarter. Brookstone Capital Management bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at $222,000. Envestnet Asset Management Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 2.0% during the first quarter. Envestnet Asset Management Inc. now owns 360,549 shares of the company’s stock valued at $19,780,000 after acquiring an additional 7,173 shares during the last quarter. Citigroup Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 3.1% during the first quarter. Citigroup Inc. now owns 119,276 shares of the company’s stock valued at $6,544,000 after acquiring an additional 3,571 shares during the last quarter. Finally, CW Advisors LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 2.4% during the first quarter. CW Advisors LLC now owns 8,434 shares of the company’s stock valued at $463,000 after acquiring an additional 200 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV stock opened at $61.76 on Friday. The stock has a market capitalization of $3.65 billion, a PE ratio of 19.48 and a beta of 1.08. The company’s 50-day moving average is $61.80 and its 200-day moving average is $59.34. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $47.04 and a 1 year high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.101 per share. 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 Thursday, September 25th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.7%.

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.