Cutter & CO Brokerage Inc. Has $500,000 Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cutter & CO Brokerage Inc. lowered its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 21.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,461 shares of the company’s stock after selling 2,379 shares during the period. Cutter & CO Brokerage Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $500,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FV. Crews Bank & Trust bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at about $27,000. Wilmington Savings Fund Society FSB bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at about $29,000. Grove Bank & Trust bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at about $30,000. Truvestments Capital LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at about $45,000. Finally, Synergy Asset Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at about $50,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ:FV opened at $59.50 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $49.73 and a fifty-two week high of $63.09. The stock has a market capitalization of $3.83 billion, a PE ratio of 16.50 and a beta of 1.07. The business’s 50-day simple moving average is $60.86 and its 200-day simple moving average is $59.31.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

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.