Farther Finance Advisors LLC Sells 29,885 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Farther Finance Advisors LLC lessened its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 23.6% in the third quarter, Holdings Channel.com reports. The fund owned 96,598 shares of the company’s stock after selling 29,885 shares during the quarter. Farther Finance Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $5,981,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Benjamin Edwards Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 18,831 shares of the company’s stock worth $1,116,000 after purchasing an additional 177 shares during the last quarter. Stablepoint Partners LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 0.4% in the second quarter. Stablepoint Partners LLC now owns 53,642 shares of the company’s stock valued at $3,179,000 after buying an additional 197 shares during the period. CW Advisors LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.4% during the first quarter. CW Advisors LLC now owns 8,434 shares of the company’s stock worth $463,000 after buying an additional 200 shares during the last quarter. Private Trust Co. NA grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 13.2% during the 2nd quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock worth $114,000 after buying an additional 225 shares during the period. Finally, Lunt Capital Management Inc. grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.6% during the 2nd quarter. Lunt Capital Management Inc. now owns 40,490 shares of the company’s stock worth $2,399,000 after buying an additional 242 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $63.70 on Wednesday. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The firm’s 50 day simple moving average is $61.77 and its 200 day simple moving average is $60.96. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $63.82.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a $0.1355 dividend. This represents a $0.54 annualized dividend and a yield of 0.9%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. The ex-dividend date is Friday, December 12th.

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.