ORG Partners LLC Decreases Position in First Trust Dorsey Wright Focus 5 ETF $FV

ORG Partners LLC lessened its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 21.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 91,921 shares of the company’s stock after selling 25,691 shares during the period. First Trust Dorsey Wright Focus 5 ETF comprises 1.0% of ORG Partners LLC’s portfolio, making the stock its 17th largest holding. ORG Partners LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $5,784,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in FV. Asset Dedication LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth $43,000. Evolution Wealth Management Inc. bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $44,000. Burkett Financial Services LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $51,000. ST Germain D J Co. Inc. purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $56,000. Finally, Private Trust Co. NA lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 12.5% during the 3rd quarter. Private Trust Co. NA now owns 2,167 shares of the company’s stock valued at $134,000 after acquiring an additional 241 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ FV opened at $59.59 on Monday. The firm’s 50-day moving average price is $64.48 and its 200-day moving average price is $63.15. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $47.04 and a 52-week high of $68.16. The company has a market cap of $3.30 billion, a PE ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th will be given a $0.0514 dividend. This represents a $0.21 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is 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.