First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Independent Wealth Network Inc.

Independent Wealth Network Inc. trimmed its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 4.4% in the fourth quarter, Holdings Channel reports. The firm owned 4,552 shares of the company’s stock after selling 209 shares during the period. Independent Wealth Network Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $269,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $175,000. Fisher Asset Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth $264,000. Avior Wealth Management LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 40.1% during the third quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock worth $135,000 after acquiring an additional 661 shares during the period. Benjamin Edwards Inc. raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 5,608.3% in the third quarter. Benjamin Edwards Inc. now owns 20,607 shares of the company’s stock valued at $1,201,000 after acquiring an additional 20,246 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.1% in the third quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock valued at $2,089,000 after purchasing an additional 724 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ FV opened at $62.37 on Friday. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. The stock’s 50-day moving average is $60.56 and its two-hundred day moving average is $58.31. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.73 and a 1-year high of $62.82.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

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.