Advisory Alpha LLC Lowers Stock Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Advisory Alpha LLC decreased its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,118 shares of the company’s stock after selling 928 shares during the quarter. Advisory Alpha LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,011,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. First Citizens Bank & Trust Co. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock worth $593,000 after purchasing an additional 178 shares in the last quarter. Simplicity Wealth LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.6% in the third quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock worth $446,000 after acquiring an additional 191 shares in the last quarter. Cascade Investment Group Inc. grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% during the fourth quarter. Cascade Investment Group Inc. now owns 17,535 shares of the company’s stock worth $1,036,000 after acquiring an additional 192 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.2% during the third quarter. Nations Financial Group Inc. IA ADV now owns 9,450 shares of the company’s stock valued at $551,000 after acquiring an additional 204 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 6.2% in the 3rd quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock valued at $223,000 after purchasing an additional 224 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.3 %

NASDAQ FV opened at $62.01 on Thursday. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $49.73 and a 12-month high of $62.82. The company has a fifty day simple moving average of $60.56 and a two-hundred day simple moving average of $58.31. The stock has a market cap of $4.00 billion, a P/E ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued 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.