First Trust Dorsey Wright Focus 5 ETF $FV is Strid Group LLC’s 9th Largest Position

Strid Group LLC lessened its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 226,904 shares of the company’s stock after selling 1,288 shares during the period. First Trust Dorsey Wright Focus 5 ETF makes up approximately 1.9% of Strid Group LLC’s portfolio, making the stock its 9th largest position. Strid Group LLC owned 0.37% of First Trust Dorsey Wright Focus 5 ETF worth $13,446,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Creative Capital Management Investments LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 97.4% in the 2nd quarter. Creative Capital Management Investments LLC now owns 2,846 shares of the company’s stock valued at $169,000 after buying an additional 1,404 shares during the period. Montz Harcus Wealth Management LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 8.0% in the 2nd quarter. Montz Harcus Wealth Management LLC now owns 11,074 shares of the company’s stock valued at $656,000 after buying an additional 817 shares during the period. Madrona Financial Services LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 1.7% in the 2nd quarter. Madrona Financial Services LLC now owns 389,600 shares of the company’s stock valued at $23,088,000 after buying an additional 6,433 shares during the period. PFG Investments LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 0.8% in the 2nd quarter. PFG Investments LLC now owns 124,836 shares of the company’s stock valued at $7,398,000 after buying an additional 1,018 shares during the period. Finally, Independent Wealth Network Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 17.6% in the 2nd quarter. Independent Wealth Network Inc. now owns 5,082 shares of the company’s stock valued at $301,000 after buying an additional 759 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.3%

Shares of FV stock opened at $62.15 on Friday. The stock has a market capitalization of $3.72 billion, a PE ratio of 19.48 and a beta of 1.07. The firm has a 50 day moving average of $61.30 and a two-hundred day moving average of $58.16. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $47.04 and a 52 week high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company 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 an increase 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 annualized dividend 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.