Fisher Asset Management LLC Purchases New Shares in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Fisher Asset Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,524 shares of the company’s stock, valued at approximately $264,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of FV. Sound Income Strategies LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at approximately $30,000. EverSource Wealth Advisors LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at $39,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at $86,000. Zions Bancorporation N.A. bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $86,000. Finally, Register Financial Advisors LLC lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 11.5% during the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after acquiring an additional 200 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.8 %

First Trust Dorsey Wright Focus 5 ETF stock opened at $61.46 on Monday. The business’s 50-day simple moving average is $59.22 and its 200 day simple moving average is $57.30. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $46.94 and a 12-month high of $62.32.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.0199 per share. This is a boost 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.