EverSource Wealth Advisors LLC Acquires Shares of 690 First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

EverSource Wealth Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 690 shares of the company’s stock, valued at approximately $39,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Creekmur Asset Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $36,000. Tortoise Investment Management LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $40,000. Benjamin Edwards Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 47.8% during the first quarter. Benjamin Edwards Inc. now owns 711 shares of the company’s stock worth $41,000 after acquiring an additional 230 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at about $86,000. Finally, Zions Bancorporation N.A. acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at about $86,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $58.43 on Friday. The stock’s 50 day simple moving average is $55.68 and its 200-day simple moving average is $56.06. The stock has a market cap of $3.84 billion, a P/E 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 Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, September 26th will be issued a $0.0199 dividend. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.08 annualized dividend and a yield of 0.14%. The ex-dividend date of this dividend is Thursday, September 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.