Commonwealth Equity Services LLC Has $154.31 Million Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Commonwealth Equity Services LLC cut its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,993,315 shares of the company’s stock after selling 85,761 shares during the quarter. Commonwealth Equity Services LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $154,305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FV. International Assets Investment Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at $30,295,000. LPL Financial LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 3.2% in the third quarter. LPL Financial LLC now owns 4,237,786 shares of the company’s stock valued at $187,734,000 after buying an additional 130,520 shares in the last quarter. Raymond James & Associates grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 4.2% in the third quarter. Raymond James & Associates now owns 1,595,489 shares of the company’s stock valued at $70,680,000 after buying an additional 63,639 shares in the last quarter. Royal Bank of Canada grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 6.0% in the third quarter. Royal Bank of Canada now owns 1,104,981 shares of the company’s stock valued at $48,952,000 after buying an additional 62,749 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 37.6% in the third quarter. HighTower Advisors LLC now owns 222,399 shares of the company’s stock valued at $9,852,000 after buying an additional 60,824 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.0 %

Shares of NASDAQ:FV traded up $0.54 during midday trading on Thursday, hitting $53.86. The stock had a trading volume of 42,138 shares, compared to its average volume of 133,454. The business’s 50-day simple moving average is $55.52 and its 200-day simple moving average is $51.28. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $41.05 and a 12 month high of $57.62. The company has a market cap of $3.57 billion, a P/E ratio of 15.63 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.007 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.03 dividend on an annualized basis and a yield of 0.05%.

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.