First Trust Dorsey Wright Focus 5 ETF $FV Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC trimmed its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 77,991 shares of the company’s stock after selling 460 shares during the quarter. Apollon Wealth Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $4,622,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 1.2% in the second quarter. IFP Advisors Inc now owns 99,050 shares of the company’s stock valued at $5,870,000 after acquiring an additional 1,166 shares in the last quarter. US Bancorp DE boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 10.3% in the second quarter. US Bancorp DE now owns 25,175 shares of the company’s stock valued at $1,495,000 after acquiring an additional 2,349 shares in the last quarter. GGM Financials LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at approximately $336,000. Valmark Advisers Inc. boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 0.8% in the second quarter. Valmark Advisers Inc. now owns 95,203 shares of the company’s stock valued at $5,642,000 after acquiring an additional 786 shares in the last quarter. Finally, Trueblood Wealth Management LLC boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 10.0% in the second quarter. Trueblood Wealth Management LLC now owns 22,763 shares of the company’s stock valued at $1,349,000 after acquiring an additional 2,069 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 2.4%

Shares of FV opened at $60.86 on Friday. The company has a market cap of $3.65 billion, a price-to-earnings ratio of 19.48 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $63.09. The company has a 50 day moving average of $61.45 and a two-hundred day moving average of $58.35.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a $0.101 dividend. This is an increase 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 of this dividend 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.