OMNI 360 Wealth Inc. Boosts Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

OMNI 360 Wealth Inc. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 33.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,570 shares of the company’s stock after buying an additional 1,400 shares during the quarter. OMNI 360 Wealth Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $325,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in FV. Sound Income Strategies LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $30,000. EverSource Wealth Advisors LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth about $39,000. Zions Bancorporation N.A. acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth about $86,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at about $86,000. Finally, Register Financial Advisors LLC boosted its stake in shares of 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 worth $111,000 after buying an additional 200 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV stock traded up $0.23 during trading on Friday, hitting $58.42. 102,334 shares of the company traded hands, compared to its average volume of 116,333. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $41.05 and a 1 year high of $60.06. The company has a market cap of $3.78 billion, a PE ratio of 16.50 and a beta of 1.07. The stock’s 50-day simple moving average is $57.21 and its 200 day simple moving average is $56.35.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.