Cambridge Investment Research Advisors Inc. Acquires 8,510 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Cambridge Investment Research Advisors Inc. lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 565,496 shares of the company’s stock after purchasing an additional 8,510 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $35,581,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in FV. AlphaCore Capital LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $8,977,000. Benjamin Edwards Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 663.4% during the fourth quarter. Benjamin Edwards Inc. now owns 142,054 shares of the company’s stock valued at $8,941,000 after purchasing an additional 123,447 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 11.4% during the third quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock valued at $58,237,000 after purchasing an additional 96,612 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 61.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 224,743 shares of the company’s stock valued at $14,141,000 after purchasing an additional 85,668 shares in the last quarter. Finally, Gateway Wealth Partners LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 359.6% during the third quarter. Gateway Wealth Partners LLC now owns 108,446 shares of the company’s stock valued at $6,715,000 after purchasing an additional 84,850 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ FV opened at $69.75 on Monday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $56.17 and a twelve month high of $70.58. The firm has a market capitalization of $3.68 billion, a PE ratio of 19.48 and a beta of 1.08. The stock’s 50 day moving average is $63.82 and its 200 day moving average is $63.86.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0514 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.21 annualized dividend and a dividend yield of 0.3%.

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.