GAMMA Investing LLC Takes $92,000 Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

GAMMA Investing LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,776 shares of the company’s stock, valued at approximately $92,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FV. Moisand Fitzgerald Tamayo LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $41,000. Huntington National Bank raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 5,028.6% in the 3rd quarter. Huntington National Bank now owns 1,077 shares of the company’s stock worth $48,000 after purchasing an additional 1,056 shares in the last quarter. Twin Lakes Capital Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $57,000. Chicago Partners Investment Group LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth approximately $202,000. Finally, Cerity Partners LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $210,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $54.85 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $41.05 and a 1 year high of $57.62. The business’s fifty day moving average is $55.52 and its two-hundred day moving average is $51.20. The stock has a market capitalization of $3.64 billion, a P/E ratio of 15.63 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.007 per share. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.05%. The ex-dividend date of this dividend was Thursday, March 21st.

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.