First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Stake Reduced by Retirement Guys Formula LLC

Retirement Guys Formula LLC cut its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,573 shares of the company’s stock after selling 1,309 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF comprises about 1.0% of Retirement Guys Formula LLC’s investment portfolio, making the stock its 24th biggest holding. Retirement Guys Formula LLC owned 0.05% of First Trust Dorsey Wright Focus 5 ETF worth $1,983,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Crews Bank & Trust purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $27,000. Wilmington Savings Fund Society FSB purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $29,000. Grove Bank & Trust purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $30,000. Sound Income Strategies LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $30,000. Finally, Truvestments Capital LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $45,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV opened at $61.74 on Wednesday. The company has a market capitalization of $3.98 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $49.73 and a fifty-two week high of $63.09. The business’s 50-day moving average is $60.94 and its 200-day moving average is $58.76.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

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