Oakworth Capital Inc. Buys 5,600 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Oakworth Capital Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 186.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 8,600 shares of the company’s stock after acquiring an additional 5,600 shares during the quarter. Oakworth Capital Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $443,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FV. LPL Financial LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 3.2% in the 3rd quarter. LPL Financial LLC now owns 4,237,786 shares of the company’s stock worth $187,734,000 after acquiring an additional 130,520 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 27.7% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 63,753 shares of the company’s stock worth $2,824,000 after acquiring an additional 13,827 shares during the last quarter. HFG Advisors Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 0.9% in the 4th quarter. HFG Advisors Inc. now owns 150,651 shares of the company’s stock valued at $7,766,000 after buying an additional 1,292 shares during the last quarter. Citigroup Inc. grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 3.5% during the 3rd quarter. Citigroup Inc. now owns 111,648 shares of the company’s stock worth $4,946,000 after acquiring an additional 3,794 shares during the period. Finally, Daymark Wealth Partners LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 21.8% during the fourth quarter. Daymark Wealth Partners LLC now owns 96,307 shares of the company’s stock worth $4,965,000 after purchasing an additional 17,230 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ:FV traded down $0.69 during mid-day trading on Wednesday, hitting $53.54. The company had a trading volume of 61,378 shares, compared to its average volume of 136,800. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $41.05 and a fifty-two week high of $57.62. The firm has a market cap of $3.56 billion, a P/E ratio of 14.01 and a beta of 1.07. The business’s fifty day moving average is $55.60 and its two-hundred day moving average is $50.59.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

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.