Cutter & CO Brokerage Inc. Sells 191 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cutter & CO Brokerage Inc. reduced its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 11,166 shares of the company’s stock after selling 191 shares during the period. Cutter & CO Brokerage Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $576,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FV. GAMMA Investing LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at about $92,000. Eudaimonia Advisors LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 6.3% in the fourth quarter. Eudaimonia Advisors LLC now owns 12,004 shares of the company’s stock valued at $619,000 after purchasing an additional 712 shares during the period. Waterfront Wealth Inc. grew its stake in First Trust Dorsey Wright Focus 5 ETF by 1.7% in the fourth quarter. Waterfront Wealth Inc. now owns 33,684 shares of the company’s stock worth $1,736,000 after purchasing an additional 549 shares in the last quarter. Oakworth Capital Inc. increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 186.7% during the 4th quarter. Oakworth Capital Inc. now owns 8,600 shares of the company’s stock worth $443,000 after purchasing an additional 5,600 shares during the period. Finally, Simplicity Solutions LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 2.1% during the 4th quarter. Simplicity Solutions LLC now owns 12,275 shares of the company’s stock valued at $633,000 after purchasing an additional 252 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.7 %

Shares of FV traded up $0.90 during midday trading on Tuesday, reaching $53.79. 176,983 shares of the stock were exchanged, compared to its average volume of 137,075. The company has a market capitalization 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 company’s 50 day moving average is $55.51 and its two-hundred day moving average is $50.86.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.007 per share. This represents a $0.03 annualized dividend and a yield of 0.05%. The ex-dividend date of this dividend was Thursday, March 21st.

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.