First Trust Dorsey Wright Focus 5 ETF $FV Shares Bought by Cushing Capital Partners LLC

Cushing Capital Partners LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 7.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 49,424 shares of the company’s stock after acquiring an additional 3,628 shares during the period. First Trust Dorsey Wright Focus 5 ETF comprises about 2.5% of Cushing Capital Partners LLC’s portfolio, making the stock its 8th biggest position. Cushing Capital Partners LLC owned about 0.08% of First Trust Dorsey Wright Focus 5 ETF worth $2,929,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. NewEdge Advisors LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 10.3% during the 1st quarter. NewEdge Advisors LLC now owns 1,122,643 shares of the company’s stock worth $61,588,000 after acquiring an additional 105,185 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 0.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 576,838 shares of the company’s stock worth $34,183,000 after acquiring an additional 2,236 shares during the last quarter. Cetera Investment Advisers grew its position in First Trust Dorsey Wright Focus 5 ETF by 1.1% during the 1st quarter. Cetera Investment Advisers now owns 529,761 shares of the company’s stock worth $29,063,000 after acquiring an additional 6,003 shares during the last quarter. Sard Wealth Management Group LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% in the 2nd quarter. Sard Wealth Management Group LLC now owns 460,591 shares of the company’s stock valued at $27,295,000 after buying an additional 5,011 shares during the last quarter. Finally, Madrona Financial Services LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.7% in the 2nd quarter. Madrona Financial Services LLC now owns 389,600 shares of the company’s stock valued at $23,088,000 after buying an additional 6,433 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.0%

NASDAQ FV opened at $62.06 on Thursday. The business’s 50-day moving average price is $61.53 and its two-hundred day moving average price is $58.46. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $47.04 and a 12 month high of $63.09. The firm has a market capitalization of $3.72 billion, a PE ratio of 19.48 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.101 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.7%. 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.

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.