Moors & Cabot Inc. Makes New Investment in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Moors & Cabot Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 4,392 shares of the company’s stock, valued at approximately $256,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock valued at $593,000 after purchasing an additional 178 shares during the period. Simplicity Wealth LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 2.6% in the 3rd quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock worth $446,000 after buying an additional 191 shares in the last quarter. Register Financial Advisors LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 11.5% during the 2nd quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after buying an additional 200 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.2% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,450 shares of the company’s stock valued at $551,000 after acquiring an additional 204 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 6.2% in the third quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock worth $223,000 after acquiring an additional 224 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.9 %

Shares of NASDAQ:FV opened at $61.16 on Friday. The firm has a market cap of $3.96 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $46.45 and a 1 year high of $61.41. The business has a fifty day simple moving average of $58.74 and a 200 day simple moving average of $57.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.0199 per share. The ex-dividend date was Thursday, September 26th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.13%.

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.