Valmark Advisers Inc. Grows Stock Holdings in First Trust Dorsey Wright Focus 5 ETF $FV

Valmark Advisers Inc. grew its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 95,203 shares of the company’s stock after purchasing an additional 786 shares during the period. Valmark Advisers Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $5,642,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MorganRosel Wealth Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 1st quarter worth about $28,000. CX Institutional bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at about $36,000. Olde Wealth Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 1st quarter valued at about $43,000. Quest 10 Wealth Builders Inc. boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 82.2% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,350 shares of the company’s stock valued at $74,000 after buying an additional 609 shares in the last quarter. Finally, Creative Capital Management Investments LLC boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 97.4% in the 2nd quarter. Creative Capital Management Investments LLC now owns 2,846 shares of the company’s stock worth $169,000 after purchasing an additional 1,404 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.3%

FV stock opened at $62.16 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $47.04 and a 52 week high of $63.09. The stock has a market capitalization of $3.72 billion, a PE ratio of 19.48 and a beta of 1.07. The firm has a 50 day moving average of $61.36 and a 200 day moving average of $58.25.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.101 dividend. This represents a $0.40 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, September 25th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

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.