First Trust Dorsey Wright Focus 5 ETF $FV Shares Sold by Royal Bank of Canada

Royal Bank of Canada lessened its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 9.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 757,619 shares of the company’s stock after selling 74,676 shares during the period. Royal Bank of Canada owned approximately 1.44% of First Trust Dorsey Wright Focus 5 ETF worth $45,789,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FV. AlphaCore Capital LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $8,977,000. Flagship Harbor Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $1,018,000. Savvy Advisors Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 200.6% in the fourth quarter. Savvy Advisors Inc. now owns 21,721 shares of the company’s stock worth $1,367,000 after acquiring an additional 14,494 shares in the last quarter. Worthington Financial Partners LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $709,000. Finally, Earned Wealth Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $931,000.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.2%

NASDAQ:FV opened at $69.69 on Monday. The firm has a market capitalization of $3.62 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The firm’s fifty day simple moving average is $72.08 and its 200 day simple moving average is $67.55. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $58.33 and a twelve month high of $76.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.0761 dividend. This represents a $0.30 annualized dividend and a yield of 0.4%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, June 25th.

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.