Arkadios Wealth Advisors Reduces Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Arkadios Wealth Advisors lessened its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,880 shares of the company’s stock after selling 842 shares during the quarter. Arkadios Wealth Advisors’ holdings in First Trust Dorsey Wright Focus 5 ETF were worth $2,570,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Register Financial Advisors LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 11.5% in the 2nd quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after purchasing an additional 200 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of 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 buying an additional 230 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 3.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 6,261 shares of the company’s stock valued at $358,000 after buying an additional 234 shares during the period. Summit Financial LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 3.1% in the 1st quarter. Summit Financial LLC now owns 9,195 shares of the company’s stock valued at $526,000 after buying an additional 275 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% in the 4th quarter. Oppenheimer & Co. Inc. now owns 26,380 shares of the company’s stock valued at $1,360,000 after buying an additional 282 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.2 %

Shares of FV traded up $0.14 during mid-day trading on Thursday, hitting $56.50. The company’s stock had a trading volume of 60,843 shares, compared to its average volume of 124,034. The firm has a 50-day simple moving average of $56.34 and a 200 day simple moving average of $55.90. The firm has a market capitalization of $3.71 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $41.05 and a 1-year high of $59.85.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

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.