Earned Wealth Advisors LLC Makes New Investment in First Trust Dorsey Wright Focus 5 ETF $FV

Earned Wealth Advisors LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 14,804 shares of the company’s stock, valued at approximately $931,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elevated Capital Advisors LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $30,000. Asset Dedication LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $43,000. Burkett Financial Services LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $51,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $78,000. Finally, Private Trust Co. NA increased its position in First Trust Dorsey Wright Focus 5 ETF by 12.5% in the 3rd quarter. Private Trust Co. NA now owns 2,167 shares of the company’s stock valued at $134,000 after acquiring an additional 241 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ FV opened at $64.86 on Monday. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $50.22 and a 52-week high of $68.16. The firm has a 50 day moving average price of $63.14 and a two-hundred day moving average price of $63.20. The stock has a market cap of $3.46 billion, a P/E ratio of 19.48 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.0514 dividend. This represents a $0.21 annualized dividend and a yield of 0.3%. The ex-dividend date was Thursday, March 26th.

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.