International Assets Investment Management LLC Sells 673 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

International Assets Investment Management LLC lessened its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 8.8% during the second quarter, Holdings Channel.com reports. The firm owned 7,002 shares of the company’s stock after selling 673 shares during the period. International Assets Investment Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $415,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 10.3% during the 2nd quarter. US Bancorp DE now owns 25,175 shares of the company’s stock worth $1,495,000 after purchasing an additional 2,349 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 360,549 shares of the company’s stock worth $19,780,000 after purchasing an additional 7,173 shares in the last quarter. Citigroup Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.1% during the 1st quarter. Citigroup Inc. now owns 119,276 shares of the company’s stock worth $6,544,000 after purchasing an additional 3,571 shares in the last quarter. Koshinski Asset Management Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 4.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 10,534 shares of the company’s stock worth $578,000 after purchasing an additional 484 shares in the last quarter. Finally, Virtus Wealth Solutions LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 27.5% during the 1st quarter. Virtus Wealth Solutions LLC now owns 5,544 shares of the company’s stock worth $304,000 after purchasing an additional 1,195 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ FV opened at $61.78 on Thursday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $63.09. The stock has a market cap of $3.66 billion, a price-to-earnings ratio of 19.48 and a beta of 1.07. The firm’s 50-day simple moving average is $61.64 and its 200 day simple moving average is $58.74.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.