First Trust Dorsey Wright Focus 5 ETF $FV Stock Position Raised by Global Assets Advisory LLC

Global Assets Advisory LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 125.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,360 shares of the company’s stock after buying an additional 9,662 shares during the quarter. Global Assets Advisory LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,033,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MorganRosel Wealth Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the first quarter valued at approximately $28,000. CX Institutional acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at $36,000. Olde Wealth Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 1st quarter valued at $43,000. Quest 10 Wealth Builders Inc. increased its position in First Trust Dorsey Wright Focus 5 ETF by 82.2% during the first quarter. Quest 10 Wealth Builders Inc. now owns 1,350 shares of the company’s stock worth $74,000 after buying an additional 609 shares during the last quarter. Finally, Creative Capital Management Investments LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 97.4% during the second quarter. Creative Capital Management Investments LLC now owns 2,846 shares of the company’s stock worth $169,000 after buying an additional 1,404 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $62.15 on Monday. The stock has a market capitalization of $3.72 billion, a P/E ratio of 19.48 and a beta of 1.07. The business has a 50-day moving average of $61.30 and a two-hundred day moving average of $58.18. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.101 per share. The ex-dividend date of this dividend was Thursday, September 25th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. This represents a $0.40 dividend on an annualized basis and a yield of 0.7%.

About First Trust Dorsey Wright Focus 5 ETF

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.