Madison Park Capital Advisors LLC Reduces Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Madison Park Capital Advisors LLC lessened its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 7.3% in the fourth quarter, HoldingsChannel reports. The firm owned 12,818 shares of the company’s stock after selling 1,013 shares during the quarter. Madison Park Capital Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $757,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock valued at $28,514,000 after buying an additional 482,524 shares during the period. Proactive Wealth Strategies LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $16,958,000. ORG Partners LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 206.6% during the 4th quarter. ORG Partners LLC now owns 186,049 shares of the company’s stock worth $10,988,000 after acquiring an additional 125,371 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth approximately $4,073,000. Finally, Raymond James & Associates lifted its position in First Trust Dorsey Wright Focus 5 ETF by 2.9% during 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.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.2 %

Shares of FV opened at $61.83 on Wednesday. The business’s 50 day moving average is $60.53 and its two-hundred day moving average is $58.28. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $49.73 and a 52-week high of $62.82. The firm has a market cap of $3.99 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.0386 dividend. The ex-dividend date was Friday, December 13th.

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.