Kestra Private Wealth Services LLC Sells 17,084 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Kestra Private Wealth Services LLC trimmed its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 26.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 46,669 shares of the company’s stock after selling 17,084 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $2,406,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FV. AlphaMark Advisors LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 1.2% during the fourth quarter. AlphaMark Advisors LLC now owns 16,200 shares of the company’s stock worth $835,000 after acquiring an additional 195 shares in the last quarter. IFG Advisory LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.5% in the 4th quarter. IFG Advisory LLC now owns 44,907 shares of the company’s stock valued at $2,315,000 after purchasing an additional 219 shares during the period. Simplicity Solutions LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 2.1% in the 4th quarter. Simplicity Solutions LLC now owns 12,275 shares of the company’s stock valued at $633,000 after purchasing an additional 252 shares during the last quarter. Synovus Financial Corp grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.3% during the third quarter. Synovus Financial Corp now owns 21,106 shares of the company’s stock worth $935,000 after purchasing an additional 264 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its position in First Trust Dorsey Wright Focus 5 ETF by 1.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 32,047 shares of the company’s stock worth $1,652,000 after buying an additional 379 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.9 %

NASDAQ:FV opened at $53.32 on Thursday. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $41.05 and a 12-month high of $57.62. The firm has a market capitalization of $3.54 billion, a price-to-earnings ratio of 15.63 and a beta of 1.07. The stock’s 50 day moving average price is $55.52 and its two-hundred day moving average price is $51.28.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.007 dividend. This represents a $0.03 dividend on an annualized basis and a yield of 0.05%. The ex-dividend date was Thursday, March 21st.

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.