Sequoia Financial Advisors LLC Invests $212,000 in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Sequoia Financial Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,111 shares of the company’s stock, valued at approximately $212,000.

A number of other large investors have also made changes to their positions in FV. International Assets Investment Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth $30,295,000. Morgan Stanley lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 8,374,594 shares of the company’s stock valued at $389,837,000 after buying an additional 584,185 shares in the last quarter. MinichMacGregor Wealth Management LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1,628.9% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 245,800 shares of the company’s stock valued at $10,889,000 after acquiring an additional 231,583 shares during the period. Madrona Financial Services LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 72.8% in the 3rd quarter. Madrona Financial Services LLC now owns 431,645 shares of the company’s stock worth $19,122,000 after acquiring an additional 181,846 shares in the last quarter. Finally, UBS Group AG raised its stake in First Trust Dorsey Wright Focus 5 ETF by 13.8% during the 1st quarter. UBS Group AG now owns 1,279,544 shares of the company’s stock worth $60,970,000 after acquiring an additional 155,514 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $52.41 on Friday. The firm’s 50 day simple moving average is $55.54 and its two-hundred day simple moving average is $50.74. The company has a market capitalization of $3.48 billion, a P/E ratio of 14.01 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 $57.62.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.007 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.03 dividend on an annualized basis and a yield of 0.05%.

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.