Main Street Financial Solutions LLC Invests $231,000 in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Main Street Financial Solutions LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,025 shares of the company’s stock, valued at approximately $231,000.

A number of other large investors also recently added to or reduced their stakes in FV. Brookstone Capital Management purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 1st quarter worth approximately $227,000. UBS Group AG increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.0% in the fourth quarter. UBS Group AG now owns 2,070,715 shares of the company’s stock valued at $106,745,000 after acquiring an additional 21,091 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at about $86,000. D.A. Davidson & CO. boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 6.4% during the fourth quarter. D.A. Davidson & CO. now owns 451,852 shares of the company’s stock worth $23,293,000 after purchasing an additional 27,326 shares during the period. Finally, Oppenheimer & Co. Inc. grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 26,380 shares of the company’s stock worth $1,360,000 after purchasing an additional 282 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $56.06 on Friday. The stock’s 50-day moving average is $55.85 and its 200 day moving average is $55.97. The company has a market cap of $3.68 billion, a PE ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $41.05 and a 1 year high of $59.85.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.0167 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.07 annualized dividend and a dividend yield of 0.12%.

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.