Concourse Financial Group Securities Inc. Raises Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Concourse Financial Group Securities Inc. raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 23.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 52,892 shares of the company’s stock after acquiring an additional 10,120 shares during the period. Concourse Financial Group Securities Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $2,727,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FV. Lincoln National Corp increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 5.3% in the fourth quarter. Lincoln National Corp now owns 19,606 shares of the company’s stock worth $1,011,000 after buying an additional 988 shares during the period. M&T Bank Corp raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 15.4% during the fourth quarter. M&T Bank Corp now owns 6,498 shares of the company’s stock valued at $335,000 after acquiring an additional 866 shares during the last quarter. Natixis Advisors L.P. boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 50.7% during the fourth quarter. Natixis Advisors L.P. now owns 20,563 shares of the company’s stock worth $1,060,000 after purchasing an additional 6,918 shares during the period. Brighton Jones LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $351,000. Finally, Silver Oak Securities Incorporated purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at about $591,000.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.2 %

NASDAQ FV traded up $0.11 on Thursday, hitting $55.41. The company’s stock had a trading volume of 198,442 shares, compared to its average volume of 135,635. The firm has a market cap of $3.67 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $41.05 and a 52-week high of $57.62. The company’s 50-day simple moving average is $55.53 and its 200 day simple moving average is $51.70.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

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.