First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Hits New 12-Month High – Here’s What Happened

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) shares hit a new 52-week high on Thursday . The stock traded as high as $62.86 and last traded at $62.62, with a volume of 116658 shares changing hands. The stock had previously closed at $62.04.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.5 %

The business’s fifty day moving average is $60.88 and its two-hundred day moving average is $58.49. The company has a market capitalization of $4.02 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust Dorsey Wright Focus 5 ETF

Hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 13.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,621 shares of the company’s stock worth $608,000 after acquiring an additional 1,224 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.7% in the second quarter. B. Riley Wealth Advisors Inc. now owns 12,649 shares of the company’s stock worth $724,000 after purchasing an additional 334 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at $4,073,000. Daymark Wealth Partners LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 6.6% in the 3rd quarter. Daymark Wealth Partners LLC now owns 125,043 shares of the company’s stock worth $7,286,000 after buying an additional 7,717 shares during the period. Finally, Atlas Private Wealth Advisors raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.0% during the third quarter. Atlas Private Wealth Advisors now owns 46,080 shares of the company’s stock valued at $2,685,000 after acquiring an additional 444 shares during the period.

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.