First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Acquired by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 17.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 35,121 shares of the company’s stock after buying an additional 5,100 shares during the period. Garden State Investment Advisory Services LLC owned 0.05% of First Trust Dorsey Wright Focus 5 ETF worth $2,011,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.3% in the second quarter. Envestnet Asset Management Inc. now owns 406,934 shares of the company’s stock valued at $23,304,000 after buying an additional 1,070 shares during the period. Thoroughbred Financial Services LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 16.4% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 9,238 shares of the company’s stock worth $529,000 after purchasing an additional 1,300 shares during the period. CoreCap Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at about $1,552,000. Zions Bancorporation N.A. acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at about $86,000. Finally, Main Street Financial Solutions LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $231,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $57.08 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $41.05 and a 1-year high of $59.85. The company has a market capitalization of $3.75 billion, a PE ratio of 16.50 and a beta of 1.07. The business has a 50-day moving average of $55.68 and a 200-day moving average of $56.00.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

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.