Farther Finance Advisors LLC Has $5.98 Million Stock Holdings in First Trust Dorsey Wright Focus 5 ETF $FV

Farther Finance Advisors LLC decreased its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 23.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,598 shares of the company’s stock after selling 29,885 shares during the period. Farther Finance Advisors LLC owned 0.16% of First Trust Dorsey Wright Focus 5 ETF worth $5,981,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. CX Institutional bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter worth about $36,000. Evolution Wealth Management Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $44,000. ST Germain D J Co. Inc. acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth $56,000. MAI Capital Management boosted its position in First Trust Dorsey Wright Focus 5 ETF by 44.2% in the 2nd quarter. MAI Capital Management now owns 1,895 shares of the company’s stock valued at $112,000 after buying an additional 581 shares during the last quarter. Finally, Private Trust Co. NA boosted its position in First Trust Dorsey Wright Focus 5 ETF by 13.2% in the 2nd quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock valued at $114,000 after buying an additional 225 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.0%

FV stock opened at $63.70 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $63.82. The company has a market cap of $3.76 billion, a P/E ratio of 19.48 and a beta of 1.08. The business has a fifty day moving average of $61.77 and a 200-day moving average of $60.96.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be given a dividend of $0.1355 per share. This represents a $0.54 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, December 12th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

First Trust Dorsey Wright Focus 5 ETF 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.