Stratos Wealth Partners LTD. Cuts Stock Position in First Trust Dorsey Wright Focus 5 ETF $FV

Stratos Wealth Partners LTD. lowered its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.8% during the second quarter, Holdings Channel reports. The institutional investor owned 156,215 shares of the company’s stock after selling 2,894 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $9,257,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. MorganRosel Wealth Management LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth approximately $28,000. CX Institutional purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth approximately $36,000. Olde Wealth Management LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth approximately $43,000. Quest 10 Wealth Builders Inc. grew its position in First Trust Dorsey Wright Focus 5 ETF by 82.2% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,350 shares of the company’s stock worth $74,000 after purchasing an additional 609 shares during the last quarter. Finally, Private Trust Co. NA grew its position in 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 worth $114,000 after purchasing an additional 225 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.4%

NASDAQ:FV opened at $61.44 on Friday. The company has a market cap of $3.68 billion, a PE 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’s 50 day moving average is $61.56 and its two-hundred day moving average is $58.55.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.