First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Hits New 12-Month High – What’s Next?

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $68.44 and last traded at $68.12, with a volume of 6716 shares changing hands. The stock had previously closed at $67.48.

First Trust Dorsey Wright Focus 5 ETF Price Performance

The stock has a market cap of $3.63 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The business has a fifty day moving average of $63.29 and a 200 day moving average of $63.55.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0514 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.21 dividend on an annualized basis and a yield of 0.3%.

Institutional Trading of First Trust Dorsey Wright Focus 5 ETF

Several large investors have recently made changes to their positions in FV. Elevated Capital Advisors LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $30,000. EPG Wealth Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $32,000. Asset Dedication LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth $43,000. TD Capital Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $50,000. Finally, Burkett Financial Services LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $51,000.

About First Trust Dorsey Wright Focus 5 ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for First Trust Dorsey Wright Focus 5 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Dorsey Wright Focus 5 ETF and related companies with MarketBeat.com's FREE daily email newsletter.