Muirfield Wealth Advisors LLC Buys 2,460 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Muirfield Wealth Advisors LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,037 shares of the company’s stock after acquiring an additional 2,460 shares during the period. First Trust Dorsey Wright Focus 5 ETF comprises approximately 2.8% of Muirfield Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Muirfield Wealth Advisors LLC owned 0.08% of First Trust Dorsey Wright Focus 5 ETF worth $2,980,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. UBS Group AG raised its stake in 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 buying an additional 21,091 shares during the period. Raymond James & Associates raised its stake in First Trust Dorsey Wright Focus 5 ETF by 2.6% in the first quarter. Raymond James & Associates now owns 1,697,563 shares of the company’s stock valued at $97,152,000 after buying an additional 43,005 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 47.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 538,080 shares of the company’s stock valued at $30,794,000 after buying an additional 173,986 shares during the period. Cetera Investment Advisers raised its stake in First Trust Dorsey Wright Focus 5 ETF by 311.9% in the first quarter. Cetera Investment Advisers now owns 535,013 shares of the company’s stock valued at $30,619,000 after buying an additional 405,129 shares during the period. Finally, Sar Wealth Management Group LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $26,498,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ FV traded up $0.16 during trading hours on Friday, reaching $53.45. 107,923 shares of the stock were exchanged, compared to its average volume of 127,239. The firm has a market capitalization of $3.51 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $41.05 and a 52 week high of $59.85. The stock’s fifty day simple moving average is $56.51 and its 200 day simple moving average is $55.63.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently declared 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 0.12%. The ex-dividend date was Thursday, June 27th.

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.