27,823 Shares in First Trust Dorsey Wright Focus 5 ETF $FV Bought by Independent Financial Group LLC

Independent Financial Group LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVFree Report) in the first quarter, HoldingsChannel reports. The institutional investor purchased 27,823 shares of the company’s stock, valued at approximately $1,682,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Elevated Capital Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $30,000. EPG Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $32,000. TD Capital Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $50,000. Laurel Wealth Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $78,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.1%

Shares of FV opened at $69.60 on Monday. The company’s 50 day simple moving average is $72.13 and its 200-day simple moving average is $67.19. The firm has a market cap of $3.62 billion, a PE ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $58.33 and a 12-month high of $76.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.0761 dividend. 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. This represents a $0.30 annualized dividend and a yield of 0.4%.

First Trust Dorsey Wright Focus 5 ETF Profile

(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.

Further Reading

Want to see what other hedge funds are holding FV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVFree Report).

Institutional Ownership by Quarter for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

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