Tudor Financial Inc. Increases Stock Position in First Trust Dorsey Wright Focus 5 ETF $FV

Tudor Financial Inc. increased its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 313.9% during the second quarter, HoldingsChannel.com reports. The fund owned 9,755 shares of the company’s stock after buying an additional 7,398 shares during the period. Tudor Financial Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of FV. NewEdge Advisors LLC boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 11.4% during the 3rd quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock worth $58,237,000 after purchasing an additional 96,612 shares during the period. Concurrent Investment Advisors LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 1.0% in the second quarter. Concurrent Investment Advisors LLC now owns 568,217 shares of the company’s stock valued at $43,116,000 after purchasing an additional 5,853 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 565,496 shares of the company’s stock valued at $35,581,000 after buying an additional 8,510 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% in the first quarter. Cetera Investment Advisers now owns 403,640 shares of the company’s stock valued at $24,395,000 after buying an additional 3,749 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 9.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 400,464 shares of the company’s stock valued at $25,197,000 after buying an additional 33,646 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV opened at $73.53 on Friday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $58.33 and a fifty-two week high of $76.08. The firm has a 50-day simple moving average of $72.25 and a 200-day simple moving average of $68.65. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 19.48 and a beta of 1.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.