First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sets New 52-Week High – What’s Next?

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $69.93 and last traded at $69.78, with a volume of 96298 shares. The stock had previously closed at $68.90.

First Trust Dorsey Wright Focus 5 ETF Price Performance

The company has a market cap of $3.69 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The business has a 50 day simple moving average of $63.60 and a 200 day simple moving average of $63.76.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

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

Hedge Funds Weigh In On First Trust Dorsey Wright Focus 5 ETF

Several large investors have recently made changes to their positions in the company. Benjamin Edwards Inc. lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% during the second quarter. Benjamin Edwards Inc. now owns 18,831 shares of the company’s stock valued at $1,116,000 after acquiring an additional 177 shares during the period. Stablepoint Partners LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.4% in the fourth quarter. Stablepoint Partners LLC now owns 53,329 shares of the company’s stock worth $3,355,000 after acquiring an additional 206 shares in the last quarter. Waterfront Wealth Inc. increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.8% in the third quarter. Waterfront Wealth Inc. now owns 31,662 shares of the company’s stock worth $1,957,000 after acquiring an additional 238 shares in the last quarter. Ausdal Financial Partners Inc. grew its holdings 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 buying an additional 244 shares in the last quarter. Finally, Topsail Wealth Management LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.9% during the third quarter. Topsail Wealth Management LLC now owns 15,403 shares of the company’s stock worth $949,000 after buying an additional 294 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Company Profile

(Get Free Report)

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.

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