8,705 Shares in First Trust Dorsey Wright Focus 5 ETF $FV Purchased by IFS Group LLC

IFS Group LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 8,705 shares of the company’s stock, valued at approximately $526,000.

A number of other institutional investors have also recently bought and sold shares of FV. NewEdge Advisors LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 11.4% during the 3rd quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock worth $58,237,000 after purchasing an additional 96,612 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 565,496 shares of the company’s stock valued at $35,581,000 after buying an additional 8,510 shares in the last quarter. Cetera Investment Advisers raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% in the first quarter. Cetera Investment Advisers now owns 403,640 shares of the company’s stock valued at $24,395,000 after buying an additional 3,749 shares in the last quarter. Madrona Financial Services LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.0% in the fourth quarter. Madrona Financial Services LLC now owns 401,734 shares of the company’s stock valued at $25,277,000 after buying an additional 4,130 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 9.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 400,464 shares of the company’s stock valued at $25,197,000 after buying an additional 33,646 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $68.70 on Thursday. The company has a market capitalization of $3.57 billion, a P/E 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 business’s 50 day simple moving average is $72.12 and its 200 day simple moving average is $67.50.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.