Clark Capital Management Group Inc. Boosts Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Clark Capital Management Group Inc. increased its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 18.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 26,257 shares of the company’s stock after buying an additional 4,181 shares during the quarter. Clark Capital Management Group Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,551,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FV. Crews Bank & Trust purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $27,000. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $29,000. Grove Bank & Trust acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $30,000. South Plains Financial Inc. bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $44,000. Finally, Synergy Asset Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at $50,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV stock opened at $55.71 on Friday. The firm has a market cap of $3.51 billion, a P/E ratio of 18.71 and a beta of 1.07. The firm has a fifty day moving average of $54.07 and a two-hundred day moving average of $58.34. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $47.04 and a 1-year high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.0618 dividend. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.25 annualized dividend and a yield of 0.44%. The ex-dividend date was Thursday, March 27th.

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.