EverSource Wealth Advisors LLC Buys Shares of 690 First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

EverSource Wealth Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 690 shares of the company’s stock, valued at approximately $39,000.

A number of other hedge funds have also recently made changes to their positions in FV. Register Financial Advisors LLC grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 11.5% in the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock worth $111,000 after purchasing an additional 200 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 47.8% in the first quarter. Benjamin Edwards Inc. now owns 711 shares of the company’s stock worth $41,000 after acquiring an additional 230 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 3.9% during the first quarter. J.W. Cole Advisors Inc. now owns 6,261 shares of the company’s stock worth $358,000 after acquiring an additional 234 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 26,380 shares of the company’s stock valued at $1,360,000 after acquiring an additional 282 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 35,139 shares of the company’s stock valued at $2,012,000 after purchasing an additional 300 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.6 %

NASDAQ:FV opened at $58.43 on Friday. The company’s 50 day moving average is $55.68 and its two-hundred day moving average is $56.06. The company has a market cap of $3.84 billion, a PE ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $41.05 and a twelve month high of $59.85.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 26th will be paid a $0.0199 dividend. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date is Thursday, September 26th. This represents a $0.08 dividend on an annualized basis and a yield of 0.14%.

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.