Geneos Wealth Management Inc. Acquires 156,052 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Geneos Wealth Management Inc. raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 171.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 247,068 shares of the company’s stock after acquiring an additional 156,052 shares during the period. Geneos Wealth Management Inc. owned approximately 0.41% of First Trust Dorsey Wright Focus 5 ETF worth $14,641,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% during the second quarter. Commonwealth Equity Services LLC now owns 2,853,870 shares of the company’s stock worth $169,120,000 after purchasing an additional 8,043 shares during the period. NewEdge Advisors LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 10.3% in the 1st quarter. NewEdge Advisors LLC now owns 1,122,643 shares of the company’s stock valued at $61,588,000 after purchasing an additional 105,185 shares during the period. Prospera Financial Services Inc lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 2.7% in the 2nd quarter. Prospera Financial Services Inc now owns 812,251 shares of the company’s stock valued at $48,139,000 after acquiring an additional 21,728 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.4% during the second quarter. Concurrent Investment Advisors LLC now owns 576,838 shares of the company’s stock worth $34,183,000 after purchasing an additional 2,236 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.3% in the 2nd quarter. Cetera Investment Advisers now owns 541,755 shares of the company’s stock valued at $32,104,000 after acquiring an additional 11,994 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock opened at $62.61 on Friday. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The firm’s 50-day moving average is $61.68 and its 200-day moving average is $60.70. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $47.04 and a 52-week high of $63.76.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be paid a $0.1355 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.54 annualized dividend and a dividend yield of 0.9%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

First Trust Dorsey Wright Focus 5 ETF Company 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.