Financial Advocates Investment Management Decreases Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Financial Advocates Investment Management lessened its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,316 shares of the company’s stock after selling 357 shares during the quarter. Financial Advocates Investment Management’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,259,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Crews Bank & Trust bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at approximately $27,000. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $29,000. Sound Income Strategies LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $30,000. Grove Bank & Trust purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $30,000. Finally, Truvestments Capital LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at $45,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.0 %

Shares of NASDAQ FV opened at $62.44 on Friday. The firm has a fifty day simple moving average of $60.94 and a two-hundred day simple moving average of $58.61. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $49.73 and a 12 month high of $63.09. The firm has a market capitalization of $4.02 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.0386 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.