Madison Park Capital Advisors LLC Takes $747,000 Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Madison Park Capital Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 4th quarter, HoldingsChannel.com reports. 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 approximately 0.7% of Madison Park Capital Advisors LLC’s investment portfolio, making the stock its 29th largest holding.

Other large investors have also modified their holdings of the company. LPL Financial LLC raised its position in 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 valued at $187,734,000 after purchasing an additional 130,520 shares during the last quarter. UBS Group AG raised its position in First Trust Dorsey Wright Focus 5 ETF by 1.2% in the 3rd quarter. UBS Group AG now owns 2,049,624 shares of the company’s stock valued at $90,798,000 after purchasing an additional 24,430 shares during the last quarter. Raymond James & Associates raised its position in First Trust Dorsey Wright Focus 5 ETF by 3.7% in the 4th quarter. Raymond James & Associates now owns 1,654,558 shares of the company’s stock valued at $85,292,000 after purchasing an additional 59,069 shares during the last quarter. Royal Bank of Canada raised its position in First Trust Dorsey Wright Focus 5 ETF by 6.0% in the 3rd quarter. Royal Bank of Canada now owns 1,104,981 shares of the company’s stock valued at $48,952,000 after purchasing an additional 62,749 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $30,295,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

First Trust Dorsey Wright Focus 5 ETF stock traded up $0.90 during trading hours on Tuesday, reaching $53.79. 176,983 shares of the stock were exchanged, compared to its average volume of 137,075. The stock has a market cap of $3.57 billion, a P/E ratio of 15.63 and a beta of 1.34. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $41.05 and a 52-week high of $57.62. The firm’s 50 day moving average is $55.51 and its 200 day moving average is $50.86.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.007 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.03 dividend on an annualized basis and a 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.