WCG Wealth Advisors LLC Buys 13,515 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

WCG Wealth Advisors LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 59.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 36,432 shares of the company’s stock after buying an additional 13,515 shares during the period. WCG Wealth Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $2,292,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Ameritas Advisory Services LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 88.2% during the 3rd quarter. Ameritas Advisory Services LLC now owns 23,922 shares of the company’s stock worth $1,481,000 after acquiring an additional 11,213 shares during the last quarter. QP Wealth Management LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $2,379,000. Flagship Harbor Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at $1,018,000. Gateway Wealth Partners LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 359.6% during the 3rd quarter. Gateway Wealth Partners LLC now owns 108,446 shares of the company’s stock valued at $6,715,000 after purchasing an additional 84,850 shares during the period. Finally, Savvy Advisors Inc. lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 200.6% in the 4th quarter. Savvy Advisors Inc. now owns 21,721 shares of the company’s stock valued at $1,367,000 after purchasing an additional 14,494 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.1%

FV opened at $74.32 on Friday. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 19.48 and a beta of 1.09. The stock has a fifty day simple moving average of $66.66 and a two-hundred day simple moving average of $64.89. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $57.00 and a 12-month high of $74.62.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

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

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.