Cetera Advisor Networks LLC Has $20.34 Million Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cetera Advisor Networks LLC trimmed its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 6.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 355,325 shares of the company’s stock after selling 24,471 shares during the period. Cetera Advisor Networks LLC owned 0.54% of First Trust Dorsey Wright Focus 5 ETF worth $20,335,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in FV. Benjamin Edwards Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 47.8% during the first quarter. Benjamin Edwards Inc. now owns 711 shares of the company’s stock worth $41,000 after purchasing an additional 230 shares during the period. J.W. Cole Advisors Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 3.9% during the first quarter. J.W. Cole Advisors Inc. now owns 6,261 shares of the company’s stock worth $358,000 after purchasing an additional 234 shares during the period. Simplicity Solutions LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 2.1% during the fourth quarter. Simplicity Solutions LLC now owns 12,275 shares of the company’s stock worth $633,000 after purchasing an additional 252 shares during the period. Summit Financial LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.1% in the first quarter. Summit Financial LLC now owns 9,195 shares of the company’s stock valued at $526,000 after acquiring an additional 275 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 26,380 shares of the company’s stock valued at $1,360,000 after acquiring an additional 282 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Down 4.1 %

NASDAQ FV traded down $2.25 during trading on Friday, hitting $52.69. 123,372 shares of the company’s stock were exchanged, compared to its average volume of 126,614. The company has a market cap of $3.46 billion, a PE ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $41.05 and a fifty-two week high of $59.85. The stock’s 50 day moving average price is $56.88 and its two-hundred day moving average price is $55.59.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.0167 dividend. This represents a $0.07 annualized dividend and a yield of 0.13%. The ex-dividend date was Thursday, June 27th.

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.