First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Stake Lifted by Concentrum Wealth Management

Concentrum Wealth Management increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 159,253 shares of the company’s stock after purchasing an additional 5,576 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF makes up approximately 3.3% of Concentrum Wealth Management’s portfolio, making the stock its 5th biggest position. Concentrum Wealth Management’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $9,405,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FV. Garden State Investment Advisory Services LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% during the third quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock worth $2,089,000 after purchasing an additional 724 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 12.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 7,087 shares of the company’s stock worth $419,000 after buying an additional 812 shares during the period. Avantax Advisory Services Inc. lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 136.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 20,683 shares of the company’s stock valued at $1,222,000 after buying an additional 11,925 shares during the last quarter. LPL Financial LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 6.6% in the 4th quarter. LPL Financial LLC now owns 4,465,129 shares of the company’s stock valued at $263,711,000 after acquiring an additional 277,315 shares during the period. Finally, FMR LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 3.3% in the 3rd quarter. FMR LLC now owns 13,734 shares of the company’s stock valued at $800,000 after purchasing an additional 438 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $49.62 on Monday. The firm’s fifty day moving average is $58.60 and its two-hundred day moving average is $59.38. First Trust Dorsey Wright Focus 5 ETF has a one year low of $49.28 and a one year high of $63.09. The firm has a market cap of $3.15 billion, a PE ratio of 16.71 and a beta of 1.12.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.0618 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase 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 0.50%.

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.