PFG Investments LLC Has $5.25 Million Position in First Trust Dorsey Wright Focus 5 ETF $FV

PFG Investments LLC lessened its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 32.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 86,943 shares of the company’s stock after selling 41,517 shares during the period. PFG Investments LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $5,255,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Benjamin Edwards Inc. increased its stake in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the second quarter. Benjamin Edwards Inc. now owns 18,831 shares of the company’s stock valued at $1,116,000 after acquiring an additional 177 shares during the period. Stablepoint Partners LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.4% in the 4th quarter. Stablepoint Partners LLC now owns 53,329 shares of the company’s stock valued at $3,355,000 after acquiring an additional 206 shares in the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.3% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 7,655 shares of the company’s stock worth $454,000 after acquiring an additional 244 shares during the period. Clark Capital Management Group Inc. lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.4% in the 4th quarter. Clark Capital Management Group Inc. now owns 21,648 shares of the company’s stock worth $1,362,000 after acquiring an additional 305 shares during the period. Finally, Topsail Wealth Management LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% during the 1st quarter. Topsail Wealth Management LLC now owns 15,622 shares of the company’s stock worth $944,000 after purchasing an additional 328 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.0%

FV opened at $72.53 on Friday. The stock has a market cap of $3.78 billion, a PE ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $58.33 and a 1 year high of $76.08. The stock’s 50 day simple moving average is $71.10 and its 200-day simple moving average is $66.54.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.0761 per share. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Thursday, June 25th.

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.