Valmark Advisers Inc. Grows Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Valmark Advisers Inc. increased its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 74,576 shares of the company’s stock after buying an additional 1,792 shares during the quarter. Valmark Advisers Inc. owned about 0.11% of First Trust Dorsey Wright Focus 5 ETF worth $3,844,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Accel Wealth Management grew its stake in First Trust Dorsey Wright Focus 5 ETF by 2.3% during the 3rd quarter. Accel Wealth Management now owns 36,758 shares of the company’s stock valued at $1,628,000 after purchasing an additional 819 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in First Trust Dorsey Wright Focus 5 ETF by 12.5% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 340,942 shares of the company’s stock valued at $15,104,000 after purchasing an additional 37,787 shares in the last quarter. Raymond James & Associates lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 4.2% during the 3rd quarter. Raymond James & Associates now owns 1,595,489 shares of the company’s stock worth $70,680,000 after buying an additional 63,639 shares during the last quarter. HFG Advisors Inc. lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.0% during the 3rd quarter. HFG Advisors Inc. now owns 149,359 shares of the company’s stock worth $6,617,000 after buying an additional 1,433 shares during the last quarter. Finally, Chicago Partners Investment Group LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $202,000.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.6 %

NASDAQ:FV traded up $0.85 during trading hours on Friday, reaching $54.69. 140,836 shares of the stock were exchanged, compared to its average volume of 136,709. The firm has a 50 day simple moving average of $55.50 and a 200-day simple moving average of $51.04. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $41.05 and a 52 week high of $57.62. The stock has a market capitalization of $3.63 billion, a P/E ratio of 15.63 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.007 dividend. This represents a $0.03 annualized dividend and a dividend yield of 0.05%. The ex-dividend date was Thursday, March 21st.

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.