First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Raymond James & Associates

Raymond James & Associates cut its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 4.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,624,886 shares of the company’s stock after selling 72,677 shares during the period. Raymond James & Associates’ holdings in First Trust Dorsey Wright Focus 5 ETF were worth $93,051,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $588,000. Sequoia Financial Advisors LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $212,000. Cerity Partners LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $210,000. Eudaimonia Advisors LLC grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 6.3% during the fourth quarter. Eudaimonia Advisors LLC now owns 12,004 shares of the company’s stock worth $619,000 after acquiring an additional 712 shares during the period. Finally, GAMMA Investing LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $92,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ:FV traded down $0.04 during trading hours on Friday, reaching $56.08. The company had a trading volume of 54,430 shares, compared to its average volume of 125,517. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $41.05 and a 1-year high of $59.85. The business’s 50 day moving average price is $56.41 and its 200-day moving average price is $55.70. The firm has a market cap of $3.68 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a $0.0167 dividend. This represents a $0.07 annualized dividend and a dividend yield of 0.12%. The ex-dividend date of this dividend was Thursday, June 27th.

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.