First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lessened its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 505,869 shares of the company’s stock after selling 2,854 shares during the quarter. Janney Montgomery Scott LLC owned 0.78% of First Trust Dorsey Wright Focus 5 ETF worth $29,477,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FV. Sound Income Strategies LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $30,000. EverSource Wealth Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $39,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $86,000. Zions Bancorporation N.A. purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $86,000. Finally, Register Financial Advisors LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 11.5% in the 2nd quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock worth $111,000 after acquiring an additional 200 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.2 %

First Trust Dorsey Wright Focus 5 ETF stock opened at $57.77 on Tuesday. The stock has a market cap of $3.74 billion, a P/E ratio of 16.50 and a beta of 1.07. The stock has a 50 day moving average of $57.36 and a 200-day moving average of $56.48. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $43.45 and a 52 week high of $60.06.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.0199 per share. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.08 annualized dividend and a dividend yield of 0.14%. The ex-dividend date was Thursday, September 26th.

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.