First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Creative Planning

Creative Planning reduced its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.3% during the 3rd quarter, Holdings Channel reports. The fund owned 61,432 shares of the company’s stock after selling 2,105 shares during the period. Creative Planning’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $3,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.0% in the second quarter. LPL Financial LLC now owns 4,211,170 shares of the company’s stock valued at $241,157,000 after acquiring an additional 39,720 shares during the period. Concurrent Investment Advisors LLC lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 556,185 shares of the company’s stock valued at $31,851,000 after purchasing an additional 7,569 shares during the period. Cetera Investment Advisers boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 311.9% during the first quarter. Cetera Investment Advisers now owns 535,013 shares of the company’s stock worth $30,619,000 after buying an additional 405,129 shares in the last quarter. Madrona Financial Services LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 1.7% during the first quarter. Madrona Financial Services LLC now owns 497,964 shares of the company’s stock valued at $28,499,000 after buying an additional 8,214 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.3% in the second quarter. Envestnet Asset Management Inc. now owns 406,934 shares of the company’s stock valued at $23,304,000 after buying an additional 1,070 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $58.42 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 cap of $3.78 billion, a P/E ratio of 16.50 and a beta of 1.07. The firm has a 50-day simple moving average of $57.21 and a two-hundred day simple moving average of $56.35.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.