Axxcess Wealth Management LLC Decreases Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Axxcess Wealth Management LLC lessened its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 19.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,975 shares of the company’s stock after selling 1,890 shares during the period. Axxcess Wealth Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $411,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FV. Moisand Fitzgerald Tamayo LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $41,000. Huntington National Bank grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 5,028.6% during the 3rd quarter. Huntington National Bank now owns 1,077 shares of the company’s stock valued at $48,000 after buying an additional 1,056 shares in the last quarter. Twin Lakes Capital Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at about $57,000. GAMMA Investing LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $92,000. Finally, Chicago Partners Investment Group LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at approximately $202,000.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.1 %

Shares of NASDAQ FV opened at $55.30 on Thursday. The stock’s 50-day simple moving average is $55.53 and its two-hundred day simple moving average is $51.68. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $41.05 and a twelve month high of $57.62. The firm has a market capitalization of $3.67 billion, a P/E ratio of 16.50 and a beta of 1.37.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.007 per share. This represents a $0.03 annualized dividend and a dividend yield of 0.05%. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust Dorsey Wright Focus 5 ETF Company 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.