Private Advisor Group LLC Reduces Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Private Advisor Group LLC reduced its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 35.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 194,984 shares of the company’s stock after selling 105,762 shares during the period. Private Advisor Group LLC owned about 0.30% of First Trust Dorsey Wright Focus 5 ETF worth $11,362,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. First Citizens Bank & Trust Co. lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock valued at $593,000 after buying an additional 178 shares in the last quarter. Simplicity Wealth LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.6% in the third quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock worth $446,000 after purchasing an additional 191 shares during the period. Register Financial Advisors LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 11.5% in the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock worth $111,000 after purchasing an additional 200 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.9% during the 1st quarter. J.W. Cole Advisors Inc. now owns 6,261 shares of the company’s stock valued at $358,000 after purchasing an additional 234 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 35,139 shares of the company’s stock valued at $2,012,000 after purchasing an additional 300 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $58.19 on Friday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $41.05 and a fifty-two week high of $60.06. The company has a market capitalization of $3.77 billion, a P/E ratio of 16.50 and a beta of 1.07. The company has a fifty day moving average of $57.16 and a 200 day moving average of $56.33.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.0199 dividend. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, September 26th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.14%.

First Trust Dorsey Wright Focus 5 ETF Company 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.