Apollon Wealth Management LLC Sells 7,839 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Apollon Wealth Management LLC lowered its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 12.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 57,176 shares of the company’s stock after selling 7,839 shares during the period. Apollon Wealth Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $3,456,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. AlphaCore Capital LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $8,977,000. Benjamin Edwards Inc. grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 663.4% in the fourth quarter. Benjamin Edwards Inc. now owns 142,054 shares of the company’s stock valued at $8,941,000 after purchasing an additional 123,447 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 11.4% during the third quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock worth $58,237,000 after purchasing an additional 96,612 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 61.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 224,743 shares of the company’s stock worth $14,141,000 after purchasing an additional 85,668 shares during the period. Finally, Corient Private Wealth LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $4,065,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV opened at $75.88 on Wednesday. The business has a fifty day simple moving average of $70.60 and a 200 day simple moving average of $66.36. The company has a market capitalization of $4.00 billion, a PE ratio of 19.48 and a beta of 1.09. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $58.33 and a 1 year high of $76.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.0761 per share. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 25th.

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.