Kestra Advisory Services LLC Has $5.30 Million Stock Position in First Trust Dorsey Wright Focus 5 ETF $FV

Kestra Advisory Services LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 12.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,664 shares of the company’s stock after acquiring an additional 9,943 shares during the period. Kestra Advisory Services LLC owned about 0.17% of First Trust Dorsey Wright Focus 5 ETF worth $5,298,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. QP Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth approximately $2,379,000. Flagship Harbor Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $1,018,000. AlphaCore Capital LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $8,977,000. Savvy Advisors Inc. grew its position in First Trust Dorsey Wright Focus 5 ETF by 200.6% during the fourth quarter. Savvy Advisors Inc. now owns 21,721 shares of the company’s stock valued at $1,367,000 after purchasing an additional 14,494 shares in the last quarter. Finally, Worthington Financial Partners LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $709,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.0%

NASDAQ FV opened at $71.20 on Thursday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $58.33 and a 1-year high of $76.08. The company has a market capitalization of $3.70 billion, a PE ratio of 19.48 and a beta of 1.08. The firm’s fifty day simple moving average is $72.06 and its 200-day simple moving average is $67.10.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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