ORG Partners LLC Sells 22,561 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

by · The Cerbat Gem

ORG Partners LLC lowered its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report) by 16.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 117,612 shares of the company’s stock after selling 22,561 shares during the period. First Trust Dorsey Wright Focus 5 ETF accounts for about 1.3% of ORG Partners LLC’s holdings, making the stock its 11th biggest position. ORG Partners LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $7,057,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. CX Institutional bought a new position in First Trust Dorsey Wright Focus 5 ETF during the second quarter worth about $36,000. Evolution Wealth Management Inc. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at approximately $44,000. ST Germain D J Co. Inc. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at approximately $56,000. MAI Capital Management boosted its holdings 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 worth $112,000 after buying an additional 581 shares during the period. Finally, Private Trust Co. NA grew its stake 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 in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV stock opened at $66.26 on Friday. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The company’s fifty day simple moving average is $62.38 and its two-hundred day simple moving average is $61.52. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $47.04 and a 1 year high of $66.38.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

First Trust Dorsey Wright Focus 5 ETF Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding FV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report).