Concurrent Investment Advisors LLC Reduces Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Concurrent Investment Advisors LLC cut its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 566,978 shares of the company’s stock after selling 1,787 shares during the period. First Trust Dorsey Wright Focus 5 ETF makes up 0.9% of Concurrent Investment Advisors LLC’s portfolio, making the stock its 18th biggest position. Concurrent Investment Advisors LLC owned about 0.88% of First Trust Dorsey Wright Focus 5 ETF worth $33,486,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the third quarter worth about $175,000. Fisher Asset Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the third quarter worth about $264,000. Avior Wealth Management LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 40.1% in the third quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock worth $135,000 after purchasing an additional 661 shares during the last quarter. Benjamin Edwards Inc. boosted its position in 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 worth $1,201,000 after purchasing an additional 20,246 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 2.1% in the third quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock worth $2,089,000 after purchasing an additional 724 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ:FV opened at $62.75 on Thursday. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. The stock’s 50-day simple moving average is $60.98 and its two-hundred day simple moving average is $59.04. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $49.73 and a 52-week high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.0386 per share. 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.