Creative Financial Designs Inc. ADV Lowers Holdings in First Trust Dorsey Wright Focus 5 ETF $FV

Creative Financial Designs Inc. ADV trimmed its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 24,821 shares of the company’s stock after selling 190 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,471,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 10.3% in the 1st quarter. NewEdge Advisors LLC now owns 1,122,643 shares of the company’s stock valued at $61,588,000 after buying an additional 105,185 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 0.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 576,838 shares of the company’s stock valued at $34,183,000 after buying an additional 2,236 shares during the last quarter. Cetera Investment Advisers grew its position in First Trust Dorsey Wright Focus 5 ETF by 1.1% in the 1st quarter. Cetera Investment Advisers now owns 529,761 shares of the company’s stock valued at $29,063,000 after buying an additional 6,003 shares during the last quarter. Sard Wealth Management Group LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 1.1% in the 2nd quarter. Sard Wealth Management Group LLC now owns 460,591 shares of the company’s stock valued at $27,295,000 after buying an additional 5,011 shares during the last quarter. Finally, Madrona Financial Services LLC grew 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 last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ FV opened at $61.76 on Friday. The firm has a market capitalization of $3.65 billion, a P/E ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a one year low of $47.04 and a one year high of $63.09. The company’s fifty day moving average is $61.80 and its two-hundred day moving average is $59.34.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.101 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.40 annualized dividend and a dividend yield of 0.7%. This is a boost 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.