Ashton Thomas Private Wealth LLC Decreases Stock Holdings in First Trust Dorsey Wright Focus 5 ETF $FV

Ashton Thomas Private Wealth LLC reduced its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,780 shares of the company’s stock after selling 4,158 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $9,528,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. MorganRosel Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth $28,000. CX Institutional purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth $36,000. Olde Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth $43,000. Quest 10 Wealth Builders Inc. lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 82.2% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,350 shares of the company’s stock worth $74,000 after purchasing an additional 609 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 13.2% during the 2nd quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock worth $114,000 after purchasing an additional 225 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ FV opened at $62.40 on Monday. The stock has a market capitalization of $3.69 billion, a P/E ratio of 19.48 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $47.04 and a 1-year high of $63.09. The business has a fifty day moving average price of $61.69 and a 200 day moving average price of $59.04.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.101 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.40 annualized dividend and a yield of 0.6%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

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.