Commonwealth Equity Services LLC Decreases Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Commonwealth Equity Services LLC reduced its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,993,315 shares of the company’s stock after selling 85,761 shares during the period. Commonwealth Equity Services LLC owned approximately 4.50% of First Trust Dorsey Wright Focus 5 ETF worth $154,305,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. LPL Financial LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 3.2% during the third quarter. LPL Financial LLC now owns 4,237,786 shares of the company’s stock worth $187,734,000 after acquiring an additional 130,520 shares during the period. Kestra Private Wealth Services LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 27.7% during the third quarter. Kestra Private Wealth Services LLC now owns 63,753 shares of the company’s stock worth $2,824,000 after acquiring an additional 13,827 shares during the period. HFG Advisors Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the fourth quarter. HFG Advisors Inc. now owns 150,651 shares of the company’s stock worth $7,766,000 after acquiring an additional 1,292 shares during the period. Citigroup Inc. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 3.5% in the third quarter. Citigroup Inc. now owns 111,648 shares of the company’s stock valued at $4,946,000 after purchasing an additional 3,794 shares during the period. Finally, Daymark Wealth Partners LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 21.8% during the fourth quarter. Daymark Wealth Partners LLC now owns 96,307 shares of the company’s stock valued at $4,965,000 after acquiring an additional 17,230 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ FV traded up $0.54 during mid-day trading on Thursday, reaching $53.86. 42,138 shares of the company traded hands, compared to its average volume of 133,454. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $41.05 and a fifty-two week high of $57.62. The firm has a market cap of $3.57 billion, a PE ratio of 15.63 and a beta of 1.07. The stock has a fifty day simple moving average of $55.52 and a 200-day simple moving average of $51.28.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a dividend of $0.007 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.05%.

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.