Forty three Eighteen Advisors LLC Makes New Investment in First Trust Dorsey Wright Focus 5 ETF $FV

Forty three Eighteen Advisors LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 21,957 shares of the company’s stock, valued at approximately $1,382,000.

Other hedge funds also recently made changes to their positions in the company. Elevated Capital Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at about $30,000. EPG Wealth Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $32,000. Asset Dedication LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the third quarter worth about $43,000. TD Capital Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $50,000. Finally, Burkett Financial Services LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth about $51,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV opened at $72.81 on Friday. The company has a 50-day moving average price of $69.20 and a two-hundred day moving average price of $65.78. The stock has a market cap of $3.84 billion, a price-to-earnings ratio of 19.48 and a beta of 1.09. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $57.00 and a 12 month high of $74.61.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.0514 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.3%.

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.