GAMMA Investing LLC Boosts Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

GAMMA Investing LLC lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 318.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,423 shares of the company’s stock after buying an additional 5,647 shares during the quarter. GAMMA Investing LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Creekmur Asset Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $36,000. Tortoise Investment Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $40,000. Benjamin Edwards Inc. lifted 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 valued at $41,000 after buying an additional 230 shares during the period. Partnership Wealth Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at $49,000. Finally, Principal Securities Inc. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $99,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ FV traded down $2.25 during trading hours on Friday, reaching $52.69. 123,372 shares of the company’s stock traded hands, compared to its average volume of 126,614. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $41.05 and a 52-week high of $59.85. The firm has a 50-day simple moving average of $56.88 and a 200 day simple moving average of $55.66. The firm has a market cap of $3.46 billion, a PE 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 Friday, June 28th. Stockholders of record on Thursday, June 27th were issued 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 0.13%.

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.