Spartan Wealth Advisory Services LLC Makes New $565,000 Investment in First Trust Dorsey Wright Focus 5 ETF $FV

Spartan Wealth Advisory Services LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVFree Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,343 shares of the company’s stock, valued at approximately $565,000.

Several other large investors have also made changes to their positions in the business. Elevated Capital Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $30,000. EPG Wealth Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at approximately $32,000. TD Capital Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $50,000. Laurel Wealth Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $53,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 1st quarter worth approximately $64,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV stock opened at $69.60 on Monday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $58.33 and a 1-year high of $76.08. The business has a 50 day simple moving average of $72.13 and a two-hundred day simple moving average of $67.19. The company has a market capitalization of $3.62 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.0761 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Dorsey Wright Focus 5 ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

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