Koshinski Asset Management Inc. Sells 955 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Koshinski Asset Management Inc. cut its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 9.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,579 shares of the company’s stock after selling 955 shares during the period. Koshinski Asset Management Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $568,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. MorganRosel Wealth Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 1st quarter worth about $28,000. CX Institutional bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $36,000. Olde Wealth Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 1st quarter worth about $43,000. Quest 10 Wealth Builders Inc. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 82.2% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,350 shares of the company’s stock worth $74,000 after acquiring an additional 609 shares in the last quarter. Finally, Private Trust Co. NA raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 13.2% in the 2nd quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock worth $114,000 after acquiring an additional 225 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV opened at $61.44 on Monday. The stock has a 50-day moving average of $61.56 and a 200-day moving average of $58.61. The company has a market cap of $3.64 billion, a PE ratio of 19.48 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a one year low of $47.04 and a one year high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

First Trust Dorsey Wright Focus 5 ETF Company 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.