First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Stake Lowered by Global Financial Private Client LLC

Global Financial Private Client LLC decreased its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 16.8% during the 4th quarter, HoldingsChannel reports. The firm owned 1,245 shares of the company’s stock after selling 251 shares during the period. Global Financial Private Client LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $74,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FV. Raymond James & Associates grew its position in First Trust Dorsey Wright Focus 5 ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock worth $97,443,000 after purchasing an additional 47,375 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 568,765 shares of the company’s stock worth $33,142,000 after buying an additional 12,580 shares in the last quarter. Madrona Financial Services LLC grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 5.0% in the 3rd quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock worth $29,824,000 after buying an additional 24,263 shares in the last quarter. International Assets Investment Management LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock valued at $28,514,000 after acquiring an additional 482,524 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 0.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 406,934 shares of the company’s stock valued at $23,304,000 after acquiring an additional 1,070 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock opened at $59.09 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $49.73 and a 1 year high of $62.82. The firm has a market capitalization of $3.82 billion, a PE ratio of 16.50 and a beta of 1.07. The stock has a fifty day moving average of $60.54 and a two-hundred day moving average of $58.17.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.0386 dividend. The ex-dividend date was Friday, December 13th.

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.