Valmark Advisers Inc. Has $5.64 Million Holdings in First Trust Dorsey Wright Focus 5 ETF $FV

Valmark Advisers Inc. increased its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 95,203 shares of the company’s stock after acquiring an additional 786 shares during the period. Valmark Advisers Inc. owned about 0.16% of First Trust Dorsey Wright Focus 5 ETF worth $5,642,000 at the end of the most recent quarter.

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

First Trust Dorsey Wright Focus 5 ETF Stock Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $62.16 on Wednesday. The firm’s fifty day moving average price is $61.36 and its 200-day moving average price is $58.25. The stock has a market cap of $3.72 billion, a P/E ratio of 19.48 and a beta of 1.07. 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 company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a $0.101 dividend. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%.

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.