First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. reduced its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 25,066 shares of the company’s stock after selling 1,434 shares during the period. Oppenheimer & Co. Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,461,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of FV. Farther Finance Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at about $175,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth approximately $86,000. Envestnet Asset Management Inc. grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 406,934 shares of the company’s stock worth $23,304,000 after buying an additional 1,070 shares in the last quarter. Professional Financial Advisors LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at approximately $200,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 35,139 shares of the company’s stock valued at $2,012,000 after acquiring an additional 300 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ:FV opened at $58.99 on Monday. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $45.87 and a 1 year high of $61.41. The business has a fifty day moving average of $58.23 and a 200-day moving average of $56.94.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business 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 is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, September 26th. This represents a $0.08 annualized dividend and a yield of 0.13%.

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.