ORG Partners LLC Cuts Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

ORG Partners LLC reduced its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 11.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,023 shares of the company’s stock after selling 21,026 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF accounts for approximately 2.2% of ORG Partners LLC’s holdings, making the stock its 4th biggest holding. ORG Partners LLC owned approximately 0.26% of First Trust Dorsey Wright Focus 5 ETF worth $9,089,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FV. Park Square Financial Group LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $28,000. South Plains Financial Inc. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $44,000. Rialto Wealth Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $125,000. Aptus Capital Advisors LLC grew its stake in First Trust Dorsey Wright Focus 5 ETF by 31.4% in the 4th quarter. Aptus Capital Advisors LLC now owns 2,863 shares of the company’s stock worth $169,000 after acquiring an additional 684 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $205,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $57.23 on Friday. The company has a market capitalization of $3.61 billion, a PE ratio of 19.48 and a beta of 1.07. The company has a 50 day moving average price of $55.88 and a 200-day moving average price of $57.87. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.0618 per share. The ex-dividend date was Thursday, March 27th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.25 dividend on an annualized basis and a yield of 0.43%.

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.