Affinity Wealth Management LLC Sells 3,489 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Affinity Wealth Management LLC cut its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 130,650 shares of the company’s stock after selling 3,489 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF comprises 1.4% of Affinity Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. Affinity Wealth Management LLC owned 0.20% of First Trust Dorsey Wright Focus 5 ETF worth $7,716,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. First Citizens Bank & Trust Co. grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% in the third quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock valued at $593,000 after purchasing an additional 178 shares during the last quarter. Simplicity Wealth LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.6% during the third quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock worth $446,000 after buying an additional 191 shares in the last quarter. Cascade Investment Group Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 1.1% in the 4th quarter. Cascade Investment Group Inc. now owns 17,535 shares of the company’s stock worth $1,036,000 after purchasing an additional 192 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.2% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,450 shares of the company’s stock valued at $551,000 after purchasing an additional 204 shares during the period. Finally, Assetmark Inc. grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 6.2% during the 3rd quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock worth $223,000 after purchasing an additional 224 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $62.23 on Friday. The business’s 50 day simple moving average is $60.66 and its 200 day simple moving average is $58.37. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $49.73 and a 1 year high of $62.82. The company has a market capitalization of $4.01 billion, a P/E ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

First Trust Dorsey Wright Focus 5 ETF 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.