Financial Advocates Investment Management Sells 357 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Financial Advocates Investment Management cut its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 21,316 shares of the company’s stock after selling 357 shares during the quarter. Financial Advocates Investment Management’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,259,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James & Associates boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% in the third quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock worth $97,443,000 after buying an additional 47,375 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 568,765 shares of the company’s stock worth $33,142,000 after acquiring an additional 12,580 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 513,339 shares of the company’s stock valued at $30,318,000 after acquiring an additional 7,470 shares during the period. Madrona Financial Services LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 5.0% during the 3rd quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock valued at $29,824,000 after acquiring an additional 24,263 shares during the period. Finally, International Assets Investment Management LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock worth $28,514,000 after purchasing an additional 482,524 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $62.44 on Friday. The business’s fifty day moving average is $60.94 and its 200 day moving average is $58.61. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $49.73 and a fifty-two week high of $63.09. The company has a market capitalization of $4.02 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

First Trust Dorsey Wright Focus 5 ETF 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.