International Assets Investment Management LLC Has $415,000 Stake in First Trust Dorsey Wright Focus 5 ETF $FV

International Assets Investment Management LLC trimmed its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 8.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FV. MorganRosel Wealth Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the first quarter valued at $28,000. CX Institutional acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at $36,000. Olde Wealth Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the first quarter valued at $43,000. Quest 10 Wealth Builders Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 82.2% during the first quarter. Quest 10 Wealth Builders Inc. now owns 1,350 shares of the company’s stock valued at $74,000 after acquiring an additional 609 shares during the last quarter. Finally, Private Trust Co. NA boosted its position in First Trust Dorsey Wright Focus 5 ETF by 13.2% during the second quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock valued at $114,000 after acquiring an additional 225 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.1%

Shares of FV opened at $61.78 on Thursday. The stock has a market capitalization of $3.66 billion, a P/E ratio of 19.48 and a beta of 1.07. The firm’s fifty day simple moving average is $61.64 and its two-hundred day simple moving average is $58.74. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $47.04 and a 12 month high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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