Cwm LLC Boosts Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cwm LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 286,282 shares of the company’s stock after acquiring an additional 973 shares during the period. Cwm LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $16,394,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Creekmur Asset Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $36,000. Tortoise Investment Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $40,000. Benjamin Edwards Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 47.8% during the first quarter. Benjamin Edwards Inc. now owns 711 shares of the company’s stock worth $41,000 after acquiring an additional 230 shares during the period. Partnership Wealth Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $49,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at approximately $86,000.

First Trust Dorsey Wright Focus 5 ETF Stock Down 1.1 %

Shares of NASDAQ:FV traded down $0.59 during trading on Wednesday, hitting $51.52. 87,324 shares of the company traded hands, compared to its average volume of 127,549. The business’s fifty day moving average is $56.59 and its 200-day moving average is $55.63. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a one year low of $41.05 and a one year high of $59.85.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.0167 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.13%.

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.