Thoroughbred Financial Services LLC Increases Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Thoroughbred Financial Services LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 16.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,238 shares of the company’s stock after buying an additional 1,300 shares during the period. Thoroughbred Financial Services LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Creekmur Asset Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth $36,000. Tortoise Investment Management LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at about $40,000. Benjamin Edwards Inc. increased its holdings 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. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth approximately $86,000. Finally, Zions Bancorporation N.A. purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at approximately $86,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ FV opened at $56.02 on Tuesday. The stock has a market cap of $3.68 billion, a PE ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $41.05 and a 1 year high of $59.85. The firm has a fifty day moving average price of $55.85 and a 200-day moving average price of $55.98.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a dividend of $0.0167 per share. This represents a $0.07 annualized dividend and a dividend yield of 0.12%. The ex-dividend date of this dividend was Thursday, June 27th.

About First Trust Dorsey Wright Focus 5 ETF

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.