First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.6% during the third quarter, Holdings Channel.com reports. The firm owned 505,869 shares of the company’s stock after selling 2,854 shares during the quarter. Janney Montgomery Scott LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $29,477,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. International Assets Investment Management LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock worth $28,514,000 after purchasing an additional 482,524 shares in the last quarter. Cetera Investment Advisers increased its stake in First Trust Dorsey Wright Focus 5 ETF by 311.9% in the 1st quarter. Cetera Investment Advisers now owns 535,013 shares of the company’s stock worth $30,619,000 after purchasing an additional 405,129 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $4,073,000. ORG Partners LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $3,536,000. Finally, Raymond James & Associates increased its stake in First Trust Dorsey Wright Focus 5 ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock worth $97,443,000 after purchasing an additional 47,375 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.2 %

Shares of FV opened at $57.77 on Tuesday. The business’s 50-day moving average price is $57.36 and its 200 day moving average price is $56.48. The stock has a market capitalization of $3.74 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 $43.45 and a 1-year high of $60.06.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.0199 per share. This represents a $0.08 annualized dividend and a yield of 0.14%. The ex-dividend date of this dividend was Thursday, September 26th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

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.