First Trust Dorsey Wright Focus 5 ETF $FV Shares Sold by Cottonwood Capital Advisors LLC

Cottonwood Capital Advisors LLC reduced its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,193 shares of the company’s stock after selling 324 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF accounts for 1.5% of Cottonwood Capital Advisors LLC’s portfolio, making the stock its 18th largest position. Cottonwood Capital Advisors LLC owned about 0.06% of First Trust Dorsey Wright Focus 5 ETF worth $2,204,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. DAVENPORT & Co LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% during the 1st quarter. DAVENPORT & Co LLC now owns 22,061 shares of the company’s stock valued at $1,210,000 after purchasing an additional 200 shares during the period. CW Advisors LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.4% during the 1st quarter. CW Advisors LLC now owns 8,434 shares of the company’s stock valued at $463,000 after purchasing an additional 200 shares during the period. Private Trust Co. NA increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 13.2% during the 2nd quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock valued at $114,000 after purchasing an additional 225 shares during the period. Lunt Capital Management Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.6% during the 2nd quarter. Lunt Capital Management Inc. now owns 40,490 shares of the company’s stock valued at $2,399,000 after purchasing an additional 242 shares during the period. Finally, Summit Financial LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 4.5% during the 1st quarter. Summit Financial LLC now owns 7,948 shares of the company’s stock valued at $436,000 after purchasing an additional 343 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock opened at $61.44 on Friday. The stock has a market cap of $3.68 billion, a PE ratio of 19.48 and a beta of 1.07. The business’s fifty day moving average is $61.56 and its 200-day moving average is $58.55. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $47.04 and a 1 year high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.101 per share. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, September 25th.

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.