AlphaCore Capital LLC Purchases New Position in First Trust Dorsey Wright Focus 5 ETF $FV

AlphaCore Capital LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 142,677 shares of the company’s stock, valued at approximately $8,977,000.

Other large investors have also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 18,831 shares of the company’s stock valued at $1,116,000 after buying an additional 177 shares during the period. Stablepoint Partners LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 0.4% during the 4th quarter. Stablepoint Partners LLC now owns 53,329 shares of the company’s stock worth $3,355,000 after purchasing an additional 206 shares in the last quarter. Waterfront Wealth Inc. increased its position in First Trust Dorsey Wright Focus 5 ETF by 0.8% during the 3rd quarter. Waterfront Wealth Inc. now owns 31,662 shares of the company’s stock worth $1,957,000 after purchasing an additional 238 shares in the last quarter. Ausdal Financial Partners Inc. increased its position in First Trust Dorsey Wright Focus 5 ETF by 3.3% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 7,655 shares of the company’s stock worth $454,000 after purchasing an additional 244 shares in the last quarter. Finally, Topsail Wealth Management LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 1.9% during the 3rd quarter. Topsail Wealth Management LLC now owns 15,403 shares of the company’s stock worth $949,000 after purchasing an additional 294 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV stock opened at $69.75 on Friday. The company has a 50 day simple moving average of $63.82 and a 200 day simple moving average of $63.86. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $56.17 and a 1 year high of $70.58.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

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

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.