Truvestments Capital LLC Buys New Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Truvestments Capital LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 777 shares of the company’s stock, valued at approximately $45,000.

Other hedge funds have also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. grew its position in First Trust Dorsey Wright Focus 5 ETF by 3.4% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 12,315 shares of the company’s stock worth $705,000 after purchasing an additional 402 shares during the last quarter. Cetera Investment Advisers grew its position in First Trust Dorsey Wright Focus 5 ETF by 311.9% during the 1st quarter. Cetera Investment Advisers now owns 535,013 shares of the company’s stock worth $30,619,000 after purchasing an additional 405,129 shares during the last quarter. Cetera Advisors LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 101.2% during the 1st quarter. Cetera Advisors LLC now owns 74,489 shares of the company’s stock worth $4,263,000 after purchasing an additional 37,460 shares during the last quarter. Bright Futures Wealth Management LLC. purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth $894,000. Finally, GAMMA Investing LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 318.0% during the 2nd quarter. GAMMA Investing LLC now owns 7,423 shares of the company’s stock worth $425,000 after purchasing an additional 5,647 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $61.00 on Thursday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $46.45 and a 1 year high of $62.32. The company has a market capitalization of $3.95 billion, a P/E ratio of 16.50 and a beta of 1.07. The company’s fifty day moving average is $58.97 and its two-hundred day moving average is $57.20.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.0199 dividend. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.08 annualized dividend and a dividend yield of 0.13%.

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.