Quad Cities Investment Group LLC Trims Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Quad Cities Investment Group LLC cut its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 13.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 15,888 shares of the company’s stock after selling 2,373 shares during the period. Quad Cities Investment Group LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $926,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Simplicity Wealth LLC grew its position in shares of 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 worth $446,000 after buying an additional 191 shares during the period. Register Financial Advisors LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 11.5% during the second 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 last quarter. Benjamin Edwards Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 47.8% in the 1st quarter. Benjamin Edwards Inc. now owns 711 shares of the company’s stock worth $41,000 after purchasing an additional 230 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of 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 worth $358,000 after purchasing an additional 234 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of 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 worth $2,012,000 after buying an additional 300 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.4 %

NASDAQ:FV traded up $0.25 during trading hours on Thursday, reaching $59.21. 16,834 shares of the company traded hands, compared to its average volume of 117,176. The business’s 50-day moving average price is $56.47 and its two-hundred day moving average price is $56.22. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $41.05 and a 1 year high of $60.06. The stock has a market capitalization of $3.84 billion, a P/E ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.