B. Riley Wealth Advisors Inc. Has $609,000 Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

B. Riley Wealth Advisors Inc. lessened its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 16.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,546 shares of the company’s stock after selling 2,103 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $609,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter worth $175,000. Envestnet Asset Management Inc. grew its position in First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 406,934 shares of the company’s stock worth $23,304,000 after purchasing an additional 1,070 shares during the last quarter. Fisher Asset Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth about $264,000. Avior Wealth Management LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 40.1% during the third quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock valued at $135,000 after buying an additional 661 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 5,608.3% in the third quarter. Benjamin Edwards Inc. now owns 20,607 shares of the company’s stock valued at $1,201,000 after buying an additional 20,246 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Down 3.7 %

Shares of FV opened at $59.26 on Thursday. The stock’s 50-day moving average price is $60.19 and its 200 day moving average price is $57.78. The firm has a market capitalization of $3.83 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $49.19 and a 12-month high of $62.82.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.0386 dividend. The ex-dividend date of this dividend is 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.