Secure Asset Management LLC Sells 7,473 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Secure Asset Management LLC lowered its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 152,040 shares of the company’s stock after selling 7,473 shares during the period. First Trust Dorsey Wright Focus 5 ETF makes up about 1.4% of Secure Asset Management LLC’s holdings, making the stock its 10th biggest position. Secure Asset Management LLC owned 0.24% of First Trust Dorsey Wright Focus 5 ETF worth $8,979,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at about $29,000. Sound Income Strategies LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at approximately $30,000. Grove Bank & Trust acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $30,000. EverSource Wealth Advisors LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at approximately $39,000. Finally, Truvestments Capital LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth approximately $45,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV stock opened at $62.37 on Friday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $49.73 and a fifty-two week high of $62.82. The stock has a fifty day moving average of $60.56 and a 200-day moving average of $58.31. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.0386 dividend. The ex-dividend date was Friday, December 13th.

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.