UBS Group AG Sells 87,641 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

UBS Group AG cut its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 6.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,277,757 shares of the company’s stock after selling 87,641 shares during the period. UBS Group AG’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $80,396,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 11.4% during the 3rd quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock worth $58,237,000 after purchasing an additional 96,612 shares in the last quarter. Gateway Wealth Partners LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 359.6% in the third quarter. Gateway Wealth Partners LLC now owns 108,446 shares of the company’s stock valued at $6,715,000 after purchasing an additional 84,850 shares in the last quarter. Merit Financial Group LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at about $3,171,000. Susquehanna International Group LLP lifted its position in First Trust Dorsey Wright Focus 5 ETF by 106.5% during the third quarter. Susquehanna International Group LLP now owns 84,119 shares of the company’s stock worth $5,209,000 after purchasing an additional 43,382 shares during the period. Finally, QP Wealth Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $2,379,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $66.73 on Monday. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $54.84 and a 12-month high of $68.16. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The firm’s 50-day moving average price is $63.13 and its two-hundred day moving average price is $63.41.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0514 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.21 annualized dividend and a dividend yield of 0.3%.

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.