MGO One Seven LLC Trims Stock Position in First Trust Dorsey Wright Focus 5 ETF $FV

MGO One Seven LLC trimmed its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVFree Report) by 18.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 129,809 shares of the company’s stock after selling 29,692 shares during the quarter. MGO One Seven LLC owned about 0.22% of First Trust Dorsey Wright Focus 5 ETF worth $8,038,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FV. CX Institutional acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $36,000. Evolution Wealth Management Inc. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $44,000. ST Germain D J Co. Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF in the third quarter worth about $56,000. MAI Capital Management boosted its position in First Trust Dorsey Wright Focus 5 ETF by 44.2% during the 2nd quarter. MAI Capital Management now owns 1,895 shares of the company’s stock valued at $112,000 after purchasing an additional 581 shares during the period. Finally, Private Trust Co. NA increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 13.2% in the 2nd quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock worth $114,000 after acquiring an additional 225 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $66.26 on Monday. The stock has a market cap of $3.78 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The stock’s 50 day moving average price is $62.38 and its 200 day moving average price is $61.57. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $47.04 and a 12 month high of $66.38.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.1355 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 0.8%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Friday, December 12th.

About First Trust Dorsey Wright Focus 5 ETF

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

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