Harbour Investments Inc. Decreases Stake in First Trust Dorsey Wright Focus 5 ETF $FV

Harbour Investments Inc. cut its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,298 shares of the company’s stock after selling 278 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,558,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. DAVENPORT & Co LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% in the first quarter. DAVENPORT & Co LLC now owns 22,061 shares of the company’s stock valued at $1,210,000 after buying an additional 200 shares in the last quarter. CW Advisors LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.4% in the first quarter. CW Advisors LLC now owns 8,434 shares of the company’s stock valued at $463,000 after buying an additional 200 shares in the last quarter. Summit Financial LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 4.5% in the first quarter. Summit Financial LLC now owns 7,948 shares of the company’s stock valued at $436,000 after buying an additional 343 shares in the last quarter. Founders Financial Alliance LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 6.5% in the first quarter. Founders Financial Alliance LLC now owns 6,402 shares of the company’s stock valued at $351,000 after buying an additional 388 shares in the last quarter. Finally, TKG Advisors LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.7% in the first quarter. TKG Advisors LLC now owns 64,306 shares of the company’s stock valued at $3,528,000 after buying an additional 439 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $61.44 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $47.04 and a 1-year high of $63.09. The company has a market cap of $3.68 billion, a PE ratio of 19.48 and a beta of 1.07. The stock’s 50 day moving average price is $61.56 and its 200 day moving average price is $58.55.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.101 per share. The ex-dividend date was Thursday, September 25th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. This represents a $0.40 dividend on an annualized basis and a yield of 0.7%.

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.