First Trust Dorsey Wright Focus 5 ETF $FV Shares Sold by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors trimmed its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVFree Report) by 53.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,976 shares of the company’s stock after selling 20,462 shares during the quarter. Atlas Private Wealth Advisors’ holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,113,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of FV. Evolution Wealth Management Inc. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth about $44,000. ST Germain D J Co. Inc. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth approximately $56,000. MAI Capital Management boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 44.2% in the second quarter. MAI Capital Management now owns 1,895 shares of the company’s stock valued at $112,000 after purchasing an additional 581 shares in the last quarter. Private Trust Co. NA increased its stake in First Trust Dorsey Wright Focus 5 ETF by 13.2% in the second quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock valued at $114,000 after purchasing an additional 225 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the second quarter worth approximately $158,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.8%

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $66.49 on Friday. The company has a fifty day simple moving average of $64.29 and a 200-day simple moving average of $62.31. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $47.04 and a 12-month high of $68.16.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.1355 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Friday, December 12th.

About First Trust Dorsey Wright Focus 5 ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

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