D.A. Davidson & CO. Cuts Stock Holdings in First Trust Dorsey Wright Focus 5 ETF $FV

D.A. Davidson & CO. lowered its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 398,503 shares of the company’s stock after selling 8,975 shares during the period. D.A. Davidson & CO. owned approximately 0.76% of First Trust Dorsey Wright Focus 5 ETF worth $24,085,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 85.2% during the 1st quarter. AQR Capital Management LLC now owns 46,043 shares of the company’s stock valued at $2,526,000 after purchasing an additional 21,179 shares during the last quarter. Jane Street Group LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 33.0% in the first quarter. Jane Street Group LLC now owns 29,687 shares of the company’s stock worth $1,629,000 after purchasing an additional 7,361 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 16.4% during the second quarter. Qube Research & Technologies Ltd now owns 21,142 shares of the company’s stock valued at $1,253,000 after purchasing an additional 2,976 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 15.0% during the second quarter. Quantinno Capital Management LP now owns 5,168 shares of the company’s stock valued at $306,000 after purchasing an additional 673 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.3% during the second quarter. Ausdal Financial Partners Inc. now owns 7,655 shares of the company’s stock valued at $454,000 after buying an additional 244 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $71.20 on Thursday. First Trust Dorsey Wright Focus 5 ETF has a one year low of $58.33 and a one year high of $76.08. The stock has a 50-day moving average of $72.06 and a 200 day moving average of $67.10. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.0761 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.30 annualized dividend and a dividend yield of 0.4%.

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.