Hilltop Holdings Inc. Purchases 6,345 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Hilltop Holdings Inc. lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 40.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 22,065 shares of the company’s stock after buying an additional 6,345 shares during the quarter. Hilltop Holdings Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,286,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FV. Register Financial Advisors LLC increased its position 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 in the last quarter. Atlas Private Wealth Advisors boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 109.8% in the second quarter. Atlas Private Wealth Advisors now owns 45,636 shares of the company’s stock worth $2,613,000 after purchasing an additional 23,888 shares during the last quarter. Carr Financial Group Corp boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 149.5% in the second quarter. Carr Financial Group Corp now owns 40,225 shares of the company’s stock worth $2,304,000 after purchasing an additional 24,104 shares during the last quarter. Muirfield Wealth Advisors LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 5.0% in the second quarter. Muirfield Wealth Advisors LLC now owns 52,037 shares of the company’s stock worth $2,980,000 after purchasing an additional 2,460 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 35,139 shares of the company’s stock worth $2,012,000 after purchasing an additional 300 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.4 %

Shares of FV stock opened at $61.84 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $47.19 and a 12-month high of $62.32. The firm’s 50 day moving average is $59.39 and its 200 day moving average is $57.38. The stock has a market capitalization of $4.00 billion, a P/E ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.