International Assets Investment Management LLC Acquires 482,524 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

International Assets Investment Management LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 7,073.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 489,346 shares of the company’s stock after buying an additional 482,524 shares during the period. International Assets Investment Management LLC owned 0.76% of First Trust Dorsey Wright Focus 5 ETF worth $28,514,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Sound Income Strategies LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at approximately $30,000. EverSource Wealth Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at approximately $39,000. Zions Bancorporation N.A. bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at approximately $86,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at approximately $86,000. Finally, Register Financial Advisors LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 11.5% in the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after purchasing an additional 200 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ:FV opened at $58.75 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $41.06 and a 52 week high of $60.06. The company has a market capitalization of $3.80 billion, a PE ratio of 16.50 and a beta of 1.07. The company has a 50 day moving average price of $57.24 and a two-hundred day moving average price of $56.37.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.0199 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.14%. The ex-dividend date was Thursday, September 26th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

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.