First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Purchased by Simplicity Solutions LLC

Simplicity Solutions LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,275 shares of the company’s stock after buying an additional 252 shares during the period. Simplicity Solutions LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $633,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Saxony Capital Management LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $350,000. Cerity Partners LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $210,000. Carr Financial Group Corp raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 43.6% in the 4th quarter. Carr Financial Group Corp now owns 10,717 shares of the company’s stock worth $552,000 after purchasing an additional 3,254 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $212,000. Finally, Madrona Financial Services LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 13.5% in the 4th quarter. Madrona Financial Services LLC now owns 489,750 shares of the company’s stock worth $25,247,000 after purchasing an additional 58,105 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $53.48 on Thursday. The stock’s 50-day moving average is $55.60 and its 200-day moving average is $50.62. The company has a market cap of $3.55 billion, a price-to-earnings ratio of 14.01 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $41.05 and a 12 month high of $57.62.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a $0.007 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.03 dividend on an annualized basis and a dividend yield 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.