Fifth Third Bancorp Makes New Investment in First Trust Dorsey Wright Focus 5 ETF $FV

Fifth Third Bancorp bought a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 74,919 shares of the company’s stock, valued at approximately $4,528,000. Fifth Third Bancorp owned approximately 0.14% of First Trust Dorsey Wright Focus 5 ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Elevated Capital Advisors LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $30,000. EPG Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $32,000. Asset Dedication LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at about $43,000. TD Capital Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at about $50,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at about $53,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.9%

FV opened at $69.60 on Friday. The firm has a market capitalization of $3.62 billion, a PE ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $58.33 and a twelve month high of $76.08. The firm’s 50-day moving average price is $72.13 and its 200 day moving average price is $67.16.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.0761 dividend. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%.

First Trust Dorsey Wright Focus 5 ETF Company 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.