Claro Advisors LLC Has $288,000 Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Claro Advisors LLC cut its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 93.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,938 shares of the company’s stock after selling 72,363 shares during the quarter. Claro Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $288,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FV. Simplicity Wealth LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.6% in the 3rd quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock valued at $446,000 after purchasing an additional 191 shares during the period. Register Financial Advisors LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 11.5% in the 2nd quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after purchasing an additional 200 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 3.9% in 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. Wealth Enhancement Advisory Services LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.9% in 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. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.7% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 12,649 shares of the company’s stock worth $724,000 after acquiring an additional 334 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ:FV opened at $59.27 on Monday. The company has a 50-day moving average of $56.85 and a 200-day moving average of $56.27. The company has a market capitalization of $3.84 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $41.05 and a 52 week high of $60.06.

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 issued a dividend of $0.0199 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.13%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Thursday, September 26th.

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.