Muirfield Wealth Advisors LLC Takes Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Muirfield Wealth Advisors LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 49,472 shares of the company’s stock, valued at approximately $2,550,000. First Trust Dorsey Wright Focus 5 ETF accounts for about 2.7% of Muirfield Wealth Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Muirfield Wealth Advisors LLC owned 0.07% of First Trust Dorsey Wright Focus 5 ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in FV. LPL Financial LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 3.2% in the third quarter. LPL Financial LLC now owns 4,237,786 shares of the company’s stock valued at $187,734,000 after acquiring an additional 130,520 shares in the last quarter. UBS Group AG raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.0% during the fourth quarter. UBS Group AG now owns 2,070,715 shares of the company’s stock worth $106,745,000 after purchasing an additional 21,091 shares in the last quarter. HFG Advisors Inc. raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the fourth quarter. HFG Advisors Inc. now owns 150,651 shares of the company’s stock worth $7,766,000 after purchasing an additional 1,292 shares in the last quarter. Citigroup Inc. raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 3.5% during the third quarter. Citigroup Inc. now owns 111,648 shares of the company’s stock worth $4,946,000 after purchasing an additional 3,794 shares in the last quarter. Finally, Daymark Wealth Partners LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 21.8% during the fourth quarter. Daymark Wealth Partners LLC now owns 96,307 shares of the company’s stock worth $4,965,000 after purchasing an additional 17,230 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV stock traded up $0.53 during midday trading on Monday, reaching $57.46. 73,747 shares of the company were exchanged, compared to its average volume of 129,569. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $41.05 and a 1-year high of $57.97. The stock’s 50-day simple moving average is $55.48 and its 200 day simple moving average is $53.97. The company has a market cap of $3.81 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a $0.007 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.05%.

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.