PFG Investments LLC Purchases 3,880 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

PFG Investments LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.2% in the 3rd quarter, Holdings Channel reports. The firm owned 125,833 shares of the company’s stock after buying an additional 3,880 shares during the quarter. PFG Investments LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $7,332,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of FV. Sound Income Strategies LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at about $30,000. EverSource Wealth Advisors LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at approximately $39,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $86,000. Zions Bancorporation N.A. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at $86,000. Finally, Register Financial Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 1st quarter worth $99,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV stock traded up $0.23 on Friday, hitting $58.42. 102,334 shares of the company’s stock were exchanged, compared to its average volume of 116,333. The firm has a 50 day moving average price of $57.21 and a two-hundred day moving average price of $56.35. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $41.05 and a 12-month high of $60.06. The stock has a market cap of $3.78 billion, a P/E ratio of 16.50 and a beta of 1.07.

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 paid a dividend of $0.0199 per share. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, September 26th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.14%.

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.