First Trust Dorsey Wright Focus 5 ETF $FV Position Lowered by Private Advisory Group LLC

Private Advisory Group LLC reduced its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 83.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,866 shares of the company’s stock after selling 24,390 shares during the quarter. Private Advisory Group LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $301,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FV. AQR Capital Management LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 85.2% in the 1st quarter. AQR Capital Management LLC now owns 46,043 shares of the company’s stock worth $2,526,000 after acquiring an additional 21,179 shares in the last quarter. Jane Street Group LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 33.0% during the first quarter. Jane Street Group LLC now owns 29,687 shares of the company’s stock worth $1,629,000 after purchasing an additional 7,361 shares during the last quarter. Brookstone Capital Management acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the second quarter worth $222,000. GGM Financials LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the second quarter worth $336,000. Finally, Waterfront Wealth Inc. increased its stake in First Trust Dorsey Wright Focus 5 ETF by 1.6% during the second quarter. Waterfront Wealth Inc. now owns 31,424 shares of the company’s stock valued at $1,862,000 after purchasing an additional 504 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ:FV opened at $64.75 on Tuesday. The company’s fifty day moving average is $65.32 and its two-hundred day moving average is $62.91. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $47.04 and a 1-year high of $68.16. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.