Flagstar Advisors Inc. Sells 375 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Flagstar Advisors Inc. trimmed its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 6.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,379 shares of the company’s stock after selling 375 shares during the period. Flagstar Advisors Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $313,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Moors & Cabot Inc. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at approximately $256,000. Prospera Private Wealth LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $118,000. Avior Wealth Management LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 40.1% during the 3rd quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock valued at $135,000 after acquiring an additional 661 shares in the last quarter. Unionview LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.4% during the 3rd quarter. Unionview LLC now owns 89,195 shares of the company’s stock worth $5,197,000 after acquiring an additional 392 shares during the last quarter. Finally, Aptus Capital Advisors LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 21.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 2,179 shares of the company’s stock worth $127,000 after acquiring an additional 389 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV opened at $61.16 on Friday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $46.45 and a fifty-two week high of $61.41. The firm has a market capitalization of $3.96 billion, a P/E ratio of 16.50 and a beta of 1.07. The company’s 50-day moving average is $58.74 and its 200 day moving average is $57.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.