ORG Partners LLC Decreases Stake in First Trust Dorsey Wright Focus 5 ETF $FV

ORG Partners LLC lessened its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 16.1% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 117,612 shares of the company’s stock after selling 22,561 shares during the period. First Trust Dorsey Wright Focus 5 ETF makes up approximately 1.3% of ORG Partners LLC’s portfolio, making the stock its 11th biggest holding. ORG Partners LLC owned 0.20% of First Trust Dorsey Wright Focus 5 ETF worth $7,057,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Commonwealth Equity Services LLC lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.3% during the second quarter. Commonwealth Equity Services LLC now owns 2,853,870 shares of the company’s stock worth $169,120,000 after acquiring an additional 8,043 shares during the period. Prospera Financial Services Inc increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.7% during the 2nd quarter. Prospera Financial Services Inc now owns 812,251 shares of the company’s stock valued at $48,139,000 after purchasing an additional 21,728 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.8% during the 2nd quarter. Osaic Holdings Inc. now owns 805,352 shares of the company’s stock valued at $47,729,000 after purchasing an additional 21,720 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 576,838 shares of the company’s stock worth $34,183,000 after purchasing an additional 2,236 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.3% in the 2nd quarter. Cetera Investment Advisers now owns 541,755 shares of the company’s stock worth $32,104,000 after buying an additional 11,994 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV opened at $66.26 on Friday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $66.38. The firm has a 50-day moving average of $62.38 and a 200 day moving average of $61.52. The firm has a market cap of $3.79 billion, a P/E ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business 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. The ex-dividend date of this dividend was Friday, December 12th. 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.

About First Trust Dorsey Wright Focus 5 ETF

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.