Good Life Advisors LLC Trims Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Good Life Advisors LLC lowered its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 11.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 117,120 shares of the company’s stock after selling 15,881 shares during the period. Good Life Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $6,917,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at $175,000. Fisher Asset Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at 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 3rd quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock worth $135,000 after buying an additional 661 shares in the last quarter. Benjamin Edwards Inc. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 5,608.3% during the 3rd quarter. Benjamin Edwards Inc. now owns 20,607 shares of the company’s stock worth $1,201,000 after buying an additional 20,246 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock worth $2,089,000 after buying an additional 724 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV opened at $63.03 on Wednesday. The firm’s 50 day moving average is $60.94 and its 200-day moving average is $58.94. The stock has a market capitalization of $4.06 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $49.73 and a 12-month high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

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

First Trust Dorsey Wright Focus 5 ETF Profile

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.