StoneX Group Inc. Lowers Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

StoneX Group Inc. cut its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,824 shares of the company’s stock after selling 845 shares during the period. StoneX Group Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $935,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Cascade Investment Group Inc. lifted its holdings in 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 period. Allworth Financial LP raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% during the 4th quarter. Allworth Financial LP now owns 17,907 shares of the company’s stock worth $1,110,000 after purchasing an additional 200 shares during the period. Apollon Wealth Management LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% during the 4th quarter. Apollon Wealth Management LLC now owns 77,732 shares of the company’s stock worth $4,591,000 after purchasing an additional 210 shares during the period. O Dell Group LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.4% in the 4th quarter. O Dell Group LLC now owns 17,948 shares of the company’s stock worth $1,060,000 after buying an additional 421 shares during the last quarter. Finally, FMR LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 3.3% during the third quarter. FMR LLC now owns 13,734 shares of the company’s stock valued at $800,000 after buying an additional 438 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock opened at $55.14 on Wednesday. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of 18.97 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $49.73 and a 52 week high of $63.09. The firm’s 50-day simple moving average is $59.17 and its two-hundred day simple moving average is $59.45.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.0618 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend was Thursday, March 27th. 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 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.