Cottonwood Capital Advisors LLC Sells 5,462 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cottonwood Capital Advisors LLC lessened its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,692 shares of the company’s stock after selling 5,462 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF makes up 1.6% of Cottonwood Capital Advisors LLC’s holdings, making the stock its 19th biggest position. Cottonwood Capital Advisors LLC owned about 0.06% of First Trust Dorsey Wright Focus 5 ETF worth $2,285,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $29,000. Sound Income Strategies LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth $30,000. Grove Bank & Trust acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at $30,000. EverSource Wealth Advisors LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at about $39,000. Finally, Truvestments Capital LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at about $45,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV stock opened at $62.23 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $49.73 and a 52 week high of $62.82. The company has a market capitalization of $4.01 billion, a PE ratio of 16.50 and a beta of 1.07. The company’s 50-day simple moving average is $60.66 and its 200 day simple moving average is $58.37.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders 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.