Warner Group LLC Takes Position in First Trust Dorsey Wright Focus 5 ETF $FV

Warner Group LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the third quarter, HoldingsChannel reports. The institutional investor acquired 11,035 shares of the company’s stock, valued at approximately $683,000.

Several other institutional investors have also recently added to or reduced their stakes in FV. Evolution Wealth Management Inc. purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at about $44,000. ST Germain D J Co. Inc. acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at approximately $56,000. MAI Capital Management lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 44.2% during the second quarter. MAI Capital Management now owns 1,895 shares of the company’s stock valued at $112,000 after buying an additional 581 shares during the period. Private Trust Co. NA boosted its position in First Trust Dorsey Wright Focus 5 ETF by 13.2% during the second quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock worth $114,000 after acquiring an additional 225 shares during the last quarter. Finally, Hantz Financial Services Inc. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $158,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV opened at $65.01 on Friday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $68.16. The company has a market capitalization of $3.60 billion, a PE ratio of 19.48 and a beta of 1.08. The stock has a fifty day moving average of $65.04 and a two-hundred day moving average of $62.69.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.1355 dividend. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. This represents a $0.54 annualized dividend and a yield of 0.8%.

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.