First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC trimmed its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 11.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,780 shares of the company’s stock after selling 12,408 shares during the quarter. Apollon Wealth Management LLC owned about 0.15% of First Trust Dorsey Wright Focus 5 ETF worth $5,144,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FV. International Assets Investment Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $30,295,000. LPL Financial LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 3.2% during the third quarter. LPL Financial LLC now owns 4,237,786 shares of the company’s stock worth $187,734,000 after purchasing an additional 130,520 shares during the last quarter. Royal Bank of Canada raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 6.0% during the third quarter. Royal Bank of Canada now owns 1,104,981 shares of the company’s stock worth $48,952,000 after purchasing an additional 62,749 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 37.6% during the third quarter. HighTower Advisors LLC now owns 222,399 shares of the company’s stock worth $9,852,000 after purchasing an additional 60,824 shares during the last quarter. Finally, Raymond James & Associates raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 3.7% during the fourth quarter. Raymond James & Associates now owns 1,654,558 shares of the company’s stock worth $85,292,000 after purchasing an additional 59,069 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.6 %

Shares of First Trust Dorsey Wright Focus 5 ETF stock traded up $0.86 during trading hours on Monday, hitting $55.59. 310,977 shares of the company were exchanged, compared to its average volume of 135,554. The business has a 50-day moving average of $55.50 and a 200-day moving average of $51.48. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 15.63 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $41.05 and a 1 year high of $57.62.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently declared 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. The ex-dividend date was Thursday, March 21st. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.05%.

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.