Stablepoint Partners LLC Decreases Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Stablepoint Partners LLC trimmed its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,479 shares of the company’s stock after selling 1,585 shares during the quarter. Stablepoint Partners LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $3,099,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock valued at $593,000 after purchasing an additional 178 shares during the last quarter. Simplicity Wealth LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 2.6% in the third quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock valued at $446,000 after buying an additional 191 shares during the last quarter. Cascade Investment Group Inc. boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% in the fourth quarter. Cascade Investment Group Inc. now owns 17,535 shares of the company’s stock valued at $1,036,000 after acquiring an additional 192 shares during the period. Nations Financial Group Inc. IA ADV grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.2% during the third quarter. Nations Financial Group Inc. IA ADV now owns 9,450 shares of the company’s stock worth $551,000 after acquiring an additional 204 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 6.2% in the 3rd quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock valued at $223,000 after acquiring an additional 224 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $62.23 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.73 and a 1-year high of $62.82. The stock has a market cap of $4.01 billion, a P/E ratio of 16.50 and a beta of 1.07. The firm has a fifty day moving average price of $60.66 and a 200 day moving average price of $58.37.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

About First Trust Dorsey Wright Focus 5 ETF

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.