Apollon Wealth Management LLC Reduces Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Apollon Wealth Management LLC lessened its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 22.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 77,522 shares of the company’s stock after selling 22,239 shares during the quarter. Apollon Wealth Management LLC owned 0.12% of First Trust Dorsey Wright Focus 5 ETF worth $4,517,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.0% during the 2nd quarter. LPL Financial LLC now owns 4,211,170 shares of the company’s stock valued at $241,157,000 after acquiring an additional 39,720 shares during the period. Raymond James & Associates increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock worth $97,443,000 after acquiring an additional 47,375 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 2.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 568,765 shares of the company’s stock worth $33,142,000 after acquiring an additional 12,580 shares during the period. Cetera Investment Advisers lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 311.9% during the first quarter. Cetera Investment Advisers now owns 535,013 shares of the company’s stock valued at $30,619,000 after purchasing an additional 405,129 shares in the last quarter. Finally, Madrona Financial Services LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 5.0% in the 3rd quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock worth $29,824,000 after buying an additional 24,263 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.6 %

NASDAQ FV opened at $60.87 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $44.26 and a twelve month high of $61.41. The business has a 50-day moving average price of $57.88 and a 200-day moving average price of $56.81. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.0199 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.13%. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

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.