HFG Advisors Inc. Reduces Stake in First Trust Dorsey Wright Focus 5 ETF $FV

HFG Advisors Inc. trimmed its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 142,594 shares of the company’s stock after selling 1,213 shares during the period. First Trust Dorsey Wright Focus 5 ETF accounts for 6.7% of HFG Advisors Inc.’s portfolio, making the stock its 2nd biggest position. HFG Advisors Inc. owned approximately 0.23% of First Trust Dorsey Wright Focus 5 ETF worth $8,450,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FV. Jones Financial Companies Lllp grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 616.0% in the 1st quarter. Jones Financial Companies Lllp now owns 253,922 shares of the company’s stock worth $13,930,000 after buying an additional 218,458 shares during the period. Brio Consultants LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the first quarter worth about $8,962,000. Frederick Financial Consultants LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the first quarter valued at approximately $8,802,000. Geneos Wealth Management Inc. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 154.5% during the first quarter. Geneos Wealth Management Inc. now owns 237,013 shares of the company’s stock valued at $13,003,000 after purchasing an additional 143,875 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 10.3% during the first 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 last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.8%

First Trust Dorsey Wright Focus 5 ETF stock opened at $61.07 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $63.09. The company has a market capitalization of $3.61 billion, a P/E ratio of 19.48 and a beta of 1.08. The stock’s 50 day moving average is $61.80 and its 200 day moving average is $59.58.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.101 per share. The ex-dividend date was Thursday, September 25th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. This represents a $0.40 annualized dividend and a dividend yield of 0.7%.

First Trust Dorsey Wright Focus 5 ETF 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.