Sargent Investment Group LLC Invests $533,000 in First Trust Dorsey Wright Focus 5 ETF $FV

Sargent Investment Group LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 8,470 shares of the company’s stock, valued at approximately $533,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Elevated Capital Advisors LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $30,000. EPG Wealth Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $32,000. Asset Dedication LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $43,000. Burkett Financial Services LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $51,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $53,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $73.71 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $57.00 and a fifty-two week high of $74.61. The firm has a 50 day moving average price of $68.34 and a 200 day moving average price of $65.51. The company has a market capitalization of $3.88 billion, a PE ratio of 19.48 and a beta of 1.09.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0514 dividend. This represents a $0.21 annualized dividend and a yield of 0.3%. The ex-dividend date was Thursday, March 26th.

First Trust Dorsey Wright Focus 5 ETF Company 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.