Tudor Financial Inc. Increases Stake in First Trust Dorsey Wright Focus 5 ETF $FV

Tudor Financial Inc. lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 313.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,755 shares of the company’s stock after buying an additional 7,398 shares during the quarter. Tudor Financial Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $740,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in FV. AlphaCore Capital LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth approximately $8,977,000. Gateway Wealth Partners LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 99.2% in the 1st quarter. Gateway Wealth Partners LLC now owns 214,630 shares of the company’s stock valued at $12,972,000 after purchasing an additional 106,877 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 11.4% in the 3rd quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock valued at $58,237,000 after purchasing an additional 96,612 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 61.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 224,743 shares of the company’s stock valued at $14,141,000 after purchasing an additional 85,668 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth $4,528,000.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.9%

Shares of FV stock opened at $73.53 on Friday. The firm has a fifty day moving average price of $72.25 and a 200 day moving average price of $68.65. The company has a market cap of $3.82 billion, a P/E ratio of 19.48 and a beta of 1.09. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $58.33 and a 12 month high of $76.08.

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 issued a dividend of $0.0761 per share. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%.

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.