Lunt Capital Management Inc. Increases Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Lunt Capital Management Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 7.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,085 shares of the company’s stock after purchasing an additional 2,429 shares during the quarter. Lunt Capital Management Inc. owned about 0.05% of First Trust Dorsey Wright Focus 5 ETF worth $1,928,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at about $30,000. EverSource Wealth Advisors LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $39,000. Zions Bancorporation N.A. bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at $86,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at $86,000. Finally, Register Financial Advisors LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 11.5% in the 2nd quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after acquiring an additional 200 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV stock opened at $58.42 on Monday. The firm has a 50-day simple moving average of $57.21 and a two-hundred day simple moving average of $56.35. First Trust Dorsey Wright Focus 5 ETF has a one year low of $41.05 and a one year high of $60.06. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.0199 per share. This represents a $0.08 annualized dividend and a yield of 0.14%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, September 26th.

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.