IFP Advisors Inc Increases Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

IFP Advisors Inc raised its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 109,696 shares of the company’s stock after purchasing an additional 3,121 shares during the quarter. IFP Advisors Inc owned 0.17% of First Trust Dorsey Wright Focus 5 ETF worth $6,479,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in FV. International Assets Investment Management LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock valued at $28,514,000 after purchasing an additional 482,524 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 45,353 shares of the company’s stock valued at $2,643,000 after purchasing an additional 473 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 35,680 shares of the company’s stock valued at $2,079,000 after purchasing an additional 541 shares in the last quarter. OMNI 360 Wealth Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 33.6% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 5,570 shares of the company’s stock valued at $325,000 after purchasing an additional 1,400 shares in the last quarter. Finally, Montz Harcus Wealth Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at approximately $597,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $60.13 on Monday. The business’s 50 day simple moving average is $60.95 and its 200-day simple moving average is $59.22. The firm has a market capitalization of $3.88 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 $49.73 and a 12 month high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

First Trust Dorsey Wright Focus 5 ETF 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.