5,888 Shares in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Bought by Advisor Resource Council

Advisor Resource Council acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,888 shares of the company’s stock, valued at approximately $348,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FV. LPL Financial LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 6.6% during the fourth quarter. LPL Financial LLC now owns 4,465,129 shares of the company’s stock worth $263,711,000 after buying an additional 277,315 shares in the last quarter. Avantax Advisory Services Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 136.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 20,683 shares of the company’s stock valued at $1,222,000 after acquiring an additional 11,925 shares during the last quarter. Concentrum Wealth Management boosted its holdings 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 during the last quarter. IFP Advisors Inc boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.9% in the fourth quarter. IFP Advisors Inc now owns 109,696 shares of the company’s stock valued at $6,479,000 after acquiring an additional 3,121 shares during the last quarter. Finally, Blueprint Investment Partners LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at $450,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.4%

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $56.76 on Monday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $63.09. The stock has a market capitalization of $3.58 billion, a P/E ratio of 19.48 and a beta of 1.07. The business’s fifty day moving average price is $54.44 and its 200 day moving average price is $58.25.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.