First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Reaches New 52-Week High – Here’s What Happened

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) shares reached a new 52-week high on Wednesday . The company traded as high as $62.54 and last traded at $62.43, with a volume of 8416 shares changing hands. The stock had previously closed at $61.84.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.2 %

The business’s 50 day moving average price is $59.39 and its two-hundred day moving average price is $57.38. The company has a market capitalization of $4.05 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.0199 dividend. 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%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Investors Weigh In On First Trust Dorsey Wright Focus 5 ETF

Several hedge funds have recently added to or reduced their stakes in the business. First Citizens Bank & Trust Co. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 1.8% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock worth $593,000 after buying an additional 178 shares during the period. Simplicity Wealth LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.6% during the 3rd quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock worth $446,000 after purchasing an additional 191 shares during the last quarter. Register Financial Advisors LLC raised its holdings in 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 worth $111,000 after purchasing an additional 200 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in 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 worth $551,000 after purchasing an additional 204 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 6.2% during the 3rd quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock worth $223,000 after purchasing an additional 224 shares during the last quarter.

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.