JPMorgan Chase & Co. Has $3.89 Million Stock Holdings in First Trust Dorsey Wright Focus 5 ETF $FV

JPMorgan Chase & Co. trimmed its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 15.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,859 shares of the company’s stock after selling 11,919 shares during the period. JPMorgan Chase & Co. owned approximately 0.11% of First Trust Dorsey Wright Focus 5 ETF worth $3,892,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Asset Dedication LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $43,000. Evolution Wealth Management Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF in the second quarter worth $44,000. Burkett Financial Services LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the third quarter worth $51,000. ST Germain D J Co. Inc. acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth $56,000. Finally, Private Trust Co. NA boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 12.5% during the third quarter. Private Trust Co. NA now owns 2,167 shares of the company’s stock worth $134,000 after buying an additional 241 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock opened at $60.99 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $47.04 and a 52-week high of $68.16. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The firm has a fifty day moving average of $63.81 and a 200-day moving average of $63.08.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a $0.0514 dividend. This represents a $0.21 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, March 26th.

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.