Affinity Wealth Management LLC Sells 15,504 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Affinity Wealth Management LLC trimmed its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 12.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 107,958 shares of the company’s stock after selling 15,504 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF makes up about 1.0% of Affinity Wealth Management LLC’s portfolio, making the stock its 25th biggest holding. Affinity Wealth Management LLC owned 0.18% of First Trust Dorsey Wright Focus 5 ETF worth $6,685,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FV. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,853,870 shares of the company’s stock valued at $169,120,000 after buying an additional 8,043 shares during the last quarter. Prospera Financial Services Inc increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.7% during the second quarter. Prospera Financial Services Inc now owns 812,251 shares of the company’s stock worth $48,139,000 after buying an additional 21,728 shares during the last quarter. Osaic Holdings Inc. raised its position in First Trust Dorsey Wright Focus 5 ETF by 2.8% during the second quarter. Osaic Holdings Inc. now owns 805,352 shares of the company’s stock worth $47,729,000 after acquiring an additional 21,720 shares in the last quarter. Cetera Investment Advisers lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 2.3% in the 2nd quarter. Cetera Investment Advisers now owns 541,755 shares of the company’s stock valued at $32,104,000 after purchasing an additional 11,994 shares during the last quarter. Finally, Sard Wealth Management Group LLC lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.8% in the third quarter. Sard Wealth Management Group LLC now owns 464,364 shares of the company’s stock valued at $28,753,000 after buying an additional 3,773 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $65.01 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $47.04 and a 1 year high of $68.16. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The business has a fifty day simple moving average of $65.04 and a two-hundred day simple moving average of $62.67.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.1355 per share. This represents a $0.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

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.