Kingsview Wealth Management LLC Sells 1,184 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Kingsview Wealth Management LLC trimmed its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 15.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 6,376 shares of the company’s stock after selling 1,184 shares during the period. Kingsview Wealth Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $378,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Cetera Investment Advisers increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.3% in the 2nd quarter. Cetera Investment Advisers now owns 541,755 shares of the company’s stock worth $32,104,000 after purchasing an additional 11,994 shares in the last quarter. Fusion Capital LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 3.2% during the second quarter. Fusion Capital LLC now owns 111,965 shares of the company’s stock worth $6,635,000 after purchasing an additional 3,422 shares during the last quarter. Petix & Botte Co grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 10.0% during the second quarter. Petix & Botte Co now owns 30,350 shares of the company’s stock worth $1,799,000 after purchasing an additional 2,767 shares during the last quarter. Allworth Financial LP increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.0% in the second quarter. Allworth Financial LP now owns 17,755 shares of the company’s stock valued at $1,052,000 after buying an additional 347 shares during the period. Finally, Prospera Financial Services Inc raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.7% in the 2nd quarter. Prospera Financial Services Inc now owns 812,251 shares of the company’s stock valued at $48,139,000 after buying an additional 21,728 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ:FV opened at $59.38 on Friday. The firm’s 50 day simple moving average is $61.54 and its 200 day simple moving average is $60.12. First Trust Dorsey Wright Focus 5 ETF has a one year low of $47.04 and a one year high of $63.09. The company has a market cap of $3.51 billion, a PE ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.101 per share. This represents a $0.40 dividend on an annualized basis 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. The ex-dividend date 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.