StoneX Group Inc. Lowers Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

StoneX Group Inc. trimmed its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 4.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,669 shares of the company’s stock after selling 814 shares during the period. StoneX Group Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $971,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Kingsview Wealth Management LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 35.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 10,194 shares of the company’s stock worth $594,000 after buying an additional 2,647 shares during the period. Moors & Cabot Inc. acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth $256,000. Prospera Private Wealth LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at approximately $118,000. Avior Wealth Management LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 40.1% during the 3rd quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock valued at $135,000 after purchasing an additional 661 shares during the period. Finally, Unionview LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.4% in the 3rd quarter. Unionview LLC now owns 89,195 shares of the company’s stock worth $5,197,000 after acquiring an additional 392 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.9 %

FV stock opened at $61.16 on Monday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $46.45 and a 52 week high of $61.41. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. The firm’s 50-day moving average is $58.74 and its two-hundred day moving average is $57.11.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0199 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.08 dividend on an annualized basis and a yield of 0.13%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

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.