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

Thoroughbred Financial Services LLC raised its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,874 shares of the company’s stock after purchasing an additional 262 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $583,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Cascade Investment Group Inc. grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% in the fourth quarter. Cascade Investment Group Inc. now owns 17,535 shares of the company’s stock worth $1,036,000 after purchasing an additional 192 shares during the last quarter. Allworth Financial LP increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% during the fourth quarter. Allworth Financial LP now owns 17,907 shares of the company’s stock worth $1,110,000 after acquiring an additional 200 shares during the period. Apollon Wealth Management LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% during the fourth quarter. Apollon Wealth Management LLC now owns 77,732 shares of the company’s stock valued at $4,591,000 after acquiring an additional 210 shares in the last quarter. O Dell Group LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.4% in the fourth quarter. O Dell Group LLC now owns 17,948 shares of the company’s stock valued at $1,060,000 after purchasing an additional 421 shares during the period. Finally, FMR LLC grew its stake in First Trust Dorsey Wright Focus 5 ETF by 3.3% in the third quarter. FMR LLC now owns 13,734 shares of the company’s stock worth $800,000 after purchasing an additional 438 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 5.7 %

Shares of NASDAQ FV opened at $49.62 on Friday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $49.28 and a twelve month high of $63.09. The firm has a market cap of $3.15 billion, a PE ratio of 18.97 and a beta of 1.07. The business has a fifty day simple moving average of $58.60 and a two-hundred day simple moving average of $59.36.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.0618 dividend. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.25 annualized dividend and a dividend yield of 0.50%. The ex-dividend date was Thursday, March 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.