Envestnet Asset Management Inc. Has $19.78 Million Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Envestnet Asset Management Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 360,549 shares of the company’s stock after acquiring an additional 7,173 shares during the quarter. Envestnet Asset Management Inc. owned about 0.57% of First Trust Dorsey Wright Focus 5 ETF worth $19,780,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FV. Park Square Financial Group LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $28,000. MorganRosel Wealth Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the first quarter valued at approximately $28,000. Olde Wealth Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the first quarter worth approximately $43,000. South Plains Financial Inc. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $44,000. Finally, Aptus Capital Advisors LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 31.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 2,863 shares of the company’s stock worth $169,000 after acquiring an additional 684 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $59.47 on Thursday. The stock’s fifty day moving average price is $58.14 and its two-hundred day moving average price is $57.62. The firm has a market cap of $3.65 billion, a PE ratio of 19.48 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a one year low of $47.04 and a one year high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were issued a $0.096 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend was Thursday, June 26th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.06.

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.