First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Madrona Financial Services LLC

Madrona Financial Services LLC lessened its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 490,310 shares of the company’s stock after selling 21,521 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF comprises 7.9% of Madrona Financial Services LLC’s portfolio, making the stock its 3rd largest holding. Madrona Financial Services LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $28,958,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth about $29,000. Sound Income Strategies LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth approximately $30,000. Grove Bank & Trust purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $30,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth approximately $39,000. Finally, Truvestments Capital LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth approximately $45,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV stock opened at $61.86 on Thursday. The business’s fifty day moving average price is $60.56 and its 200 day moving average price is $58.31. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.73 and a 1-year high of $62.82. The firm has a market capitalization of $3.99 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

First Trust Dorsey Wright Focus 5 ETF Company 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.