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

Strid Group LLC reduced its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.6% in the 2nd quarter, Holdings Channel.com reports. 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 comprises about 1.9% of Strid Group LLC’s holdings, making the stock its 9th largest position. Strid Group LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $13,446,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. DAVENPORT & Co LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the 1st quarter. DAVENPORT & Co LLC now owns 22,061 shares of the company’s stock worth $1,210,000 after acquiring an additional 200 shares in the last quarter. CW Advisors LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 2.4% during the 1st quarter. CW Advisors LLC now owns 8,434 shares of the company’s stock worth $463,000 after acquiring an additional 200 shares in the last quarter. Summit Financial LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 4.5% during the 1st quarter. Summit Financial LLC now owns 7,948 shares of the company’s stock worth $436,000 after acquiring an additional 343 shares in the last quarter. Founders Financial Alliance LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 6.5% during the 1st quarter. Founders Financial Alliance LLC now owns 6,402 shares of the company’s stock worth $351,000 after acquiring an additional 388 shares in the last quarter. Finally, TKG Advisors LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 0.7% during the 1st quarter. TKG Advisors LLC now owns 64,306 shares of the company’s stock worth $3,528,000 after acquiring an additional 439 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $62.15 on Friday. The company’s fifty day moving average price is $61.30 and its 200 day moving average price is $58.16. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $47.04 and a 12 month high of $63.09. The firm has a market capitalization of $3.72 billion, a P/E ratio of 19.48 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.