Madison Park Capital Advisors LLC Buys Shares of 14,490 First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Madison Park Capital Advisors LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,490 shares of the company’s stock, valued at approximately $747,000. First Trust Dorsey Wright Focus 5 ETF makes up about 0.7% of Madison Park Capital Advisors LLC’s investment portfolio, making the stock its 29th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.2% during the third quarter. LPL Financial LLC now owns 4,237,786 shares of the company’s stock valued at $187,734,000 after acquiring an additional 130,520 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 27.7% during the third quarter. Kestra Private Wealth Services LLC now owns 63,753 shares of the company’s stock valued at $2,824,000 after acquiring an additional 13,827 shares in the last quarter. HFG Advisors Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% during the fourth quarter. HFG Advisors Inc. now owns 150,651 shares of the company’s stock valued at $7,766,000 after acquiring an additional 1,292 shares in the last quarter. Citigroup Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.5% during the third quarter. Citigroup Inc. now owns 111,648 shares of the company’s stock valued at $4,946,000 after acquiring an additional 3,794 shares in the last quarter. Finally, Daymark Wealth Partners LLC increased its position 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 valued at $4,965,000 after acquiring an additional 17,230 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.7 %

FV stock traded up $0.90 on Tuesday, hitting $53.79. The company had a trading volume of 176,983 shares, compared to its average volume of 137,075. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $41.05 and a 12-month high of $57.62. The stock’s 50-day simple moving average is $55.51 and its 200 day simple moving average is $50.86. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 15.63 and a beta of 1.34.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.007 per share. This represents a $0.03 dividend on an annualized basis and a dividend 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.