First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Secure Asset Management LLC

Secure Asset Management LLC reduced its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 18.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 176,396 shares of the company’s stock after selling 41,119 shares during the period. First Trust Dorsey Wright Focus 5 ETF accounts for approximately 1.9% of Secure Asset Management LLC’s investment portfolio, making the stock its 6th biggest position. Secure Asset Management LLC owned approximately 0.27% of First Trust Dorsey Wright Focus 5 ETF worth $10,102,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Creekmur Asset Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $36,000. Tortoise Investment Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $40,000. Benjamin Edwards Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 47.8% in the first quarter. Benjamin Edwards Inc. now owns 711 shares of the company’s stock valued at $41,000 after acquiring an additional 230 shares during the period. Partnership Wealth Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at about $49,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at about $86,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock traded up $1.18 during trading on Friday, hitting $57.39. The company had a trading volume of 74,202 shares, compared to its average volume of 124,677. The stock’s 50-day moving average price is $56.40 and its 200 day moving average price is $55.79. First Trust Dorsey Wright Focus 5 ETF has a one year low of $41.05 and a one year high of $59.85. The firm has a market capitalization of $3.77 billion, a P/E ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a $0.0167 dividend. This represents a $0.07 annualized dividend and a dividend yield of 0.12%. The ex-dividend date was Thursday, June 27th.

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.