Ausdal Financial Partners Inc. Boosts Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Ausdal Financial Partners Inc. grew its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 20.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,999 shares of the company’s stock after acquiring an additional 1,351 shares during the period. Ausdal Financial Partners Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $472,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Crews Bank & Trust acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at $27,000. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at about $29,000. Grove Bank & Trust purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $30,000. Truvestments Capital LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth about $45,000. Finally, Synergy Asset Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $50,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.4 %

First Trust Dorsey Wright Focus 5 ETF stock opened at $56.15 on Friday. The firm has a market cap of $3.62 billion, a PE ratio of 18.97 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $49.73 and a 12 month high of $63.09. The stock’s 50 day simple moving average is $59.56 and its two-hundred day simple moving average is $59.39.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a dividend of $0.0618 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.25 dividend on an annualized basis and a yield of 0.44%.

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.