Cwm LLC Increases Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cwm LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 286,282 shares of the company’s stock after purchasing an additional 973 shares during the period. Cwm LLC owned approximately 0.44% of First Trust Dorsey Wright Focus 5 ETF worth $16,394,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Creekmur Asset Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $36,000. Benjamin Edwards Inc. grew its stake in First Trust Dorsey Wright Focus 5 ETF by 47.8% in the 1st quarter. Benjamin Edwards Inc. now owns 711 shares of the company’s stock worth $41,000 after acquiring an additional 230 shares in the last quarter. Tortoise Investment Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $41,000. Partnership Wealth Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth approximately $49,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth $86,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

First Trust Dorsey Wright Focus 5 ETF stock traded down $0.59 during midday trading on Wednesday, hitting $51.52. 87,324 shares of the company’s stock were exchanged, compared to its average volume of 127,549. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $41.05 and a 12 month high of $59.85. The company has a market cap of $3.38 billion, a PE ratio of 16.50 and a beta of 1.07. The firm has a 50-day moving average of $56.59 and a two-hundred day moving average of $55.63.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.0167 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.13%. The ex-dividend date was Thursday, June 27th.

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.