Prospera Financial Services Inc Sells 79,251 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Prospera Financial Services Inc decreased its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 707,992 shares of the company’s stock after selling 79,251 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF makes up about 0.7% of Prospera Financial Services Inc’s investment portfolio, making the stock its 22nd largest position. Prospera Financial Services Inc owned approximately 1.28% of First Trust Dorsey Wright Focus 5 ETF worth $44,552,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of FV. Elevated Capital Advisors LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $30,000. EPG Wealth Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $32,000. Asset Dedication LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $43,000. Burkett Financial Services LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $51,000. Finally, Laurel Wealth Advisors LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $53,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV opened at $71.43 on Friday. The stock has a fifty day moving average price of $64.59 and a two-hundred day moving average price of $64.15. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $56.17 and a 52-week high of $71.56. The company has a market cap of $3.76 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.0514 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.21 annualized dividend and a yield of 0.3%.

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.