MinichMacGregor Wealth Management LLC Trims Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

MinichMacGregor Wealth Management LLC lowered its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 11.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 225,249 shares of the company’s stock after selling 29,729 shares during the period. First Trust Dorsey Wright Focus 5 ETF accounts for approximately 2.8% of MinichMacGregor Wealth Management LLC’s holdings, making the stock its 8th biggest holding. MinichMacGregor Wealth Management LLC owned 0.35% of First Trust Dorsey Wright Focus 5 ETF worth $13,303,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mutual Advisors LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 1.2% during the fourth quarter. Mutual Advisors LLC now owns 39,784 shares of the company’s stock worth $2,402,000 after purchasing an additional 467 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 513,339 shares of the company’s stock worth $30,318,000 after buying an additional 7,470 shares during the last quarter. Daymark Wealth Partners LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% in the 4th quarter. Daymark Wealth Partners LLC now owns 127,274 shares of the company’s stock valued at $7,517,000 after buying an additional 2,231 shares during the period. Tudor Financial Inc. grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 18.2% during the 4th quarter. Tudor Financial Inc. now owns 11,403 shares of the company’s stock valued at $673,000 after buying an additional 1,757 shares during the last quarter. Finally, Trueblood Wealth Management LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 22.5% during the fourth quarter. Trueblood Wealth Management LLC now owns 14,861 shares of the company’s stock worth $878,000 after acquiring an additional 2,731 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV stock opened at $62.01 on Thursday. 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 capitalization of $4.00 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. The stock’s fifty day moving average is $60.56 and its two-hundred day moving average is $58.31.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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