First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Position Boosted by World Investment Advisors LLC

World Investment Advisors LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 81.2% during the 3rd quarter, Holdings Channel reports. The fund owned 27,615 shares of the company’s stock after acquiring an additional 12,377 shares during the quarter. World Investment Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in FV. Wealth Enhancement Advisory Services LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 35,139 shares of the company’s stock worth $2,012,000 after buying an additional 300 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 5.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 15,732 shares of the company’s stock worth $901,000 after purchasing an additional 863 shares in the last quarter. Western Wealth Management LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 6.7% in the second quarter. Western Wealth Management LLC now owns 20,748 shares of the company’s stock worth $1,188,000 after purchasing an additional 1,309 shares during the period. Milestone Asset Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at $458,000. Finally, Concourse Financial Group Securities Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 5.2% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 69,223 shares of the company’s stock valued at $3,964,000 after purchasing an additional 3,446 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV opened at $61.71 on Friday. The stock’s fifty day moving average is $60.04 and its 200-day moving average is $57.68. First Trust Dorsey Wright Focus 5 ETF has a one year low of $49.19 and a one year high of $62.82. The company has a market capitalization of $3.99 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.0386 dividend. The ex-dividend date of this dividend is Friday, December 13th.

About First Trust Dorsey Wright Focus 5 ETF

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.