First Trust Dorsey Wright Focus 5 ETF $FV Shares Sold by LPL Financial LLC

LPL Financial LLC reduced its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 7.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,155,628 shares of the company’s stock after selling 311,143 shares during the quarter. LPL Financial LLC owned about 0.08% of First Trust Dorsey Wright Focus 5 ETF worth $261,471,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Elevated Capital Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $30,000. EPG Wealth Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $32,000. Asset Dedication LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $43,000. Burkett Financial Services LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $51,000. Finally, Laurel Wealth Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $53,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ FV opened at $72.15 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $57.00 and a 1-year high of $74.61. The company has a market capitalization of $3.80 billion, a P/E ratio of 19.48 and a beta of 1.09. The business has a 50 day moving average price of $67.33 and a 200 day moving average price of $65.15.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.0514 dividend. This represents a $0.21 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, March 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.