Janney Montgomery Scott LLC Has $29.54 Million Stock Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Janney Montgomery Scott LLC lowered its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 516,085 shares of the company’s stock after selling 1,762 shares during the period. Janney Montgomery Scott LLC owned approximately 0.78% of First Trust Dorsey Wright Focus 5 ETF worth $29,536,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in FV. Creekmur Asset Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth about $36,000. Tortoise Investment Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $40,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $41,000. Benjamin Edwards Inc. lifted its position in First Trust Dorsey Wright Focus 5 ETF by 47.8% in the 1st quarter. Benjamin Edwards Inc. now owns 711 shares of the company’s stock valued at $41,000 after acquiring an additional 230 shares in the last quarter. Finally, Partnership Wealth Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $49,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV traded up $0.24 during midday trading on Friday, reaching $57.96. 46,959 shares of the company were exchanged, compared to its average volume of 124,754. First Trust Dorsey Wright Focus 5 ETF has a one year low of $41.05 and a one year high of $58.00. The company’s fifty day moving average price is $56.35 and its 200 day moving average price is $54.78. The company has a market cap of $3.80 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.0167 per share. This represents a $0.07 annualized dividend and a yield of 0.12%. The ex-dividend date of this dividend was Thursday, June 27th.

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.