Prospera Financial Services Inc Sells 25,008 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Prospera Financial Services Inc reduced its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 787,243 shares of the company’s stock after selling 25,008 shares during the period. First Trust Dorsey Wright Focus 5 ETF makes up about 0.8% of Prospera Financial Services Inc’s investment portfolio, making the stock its 18th biggest position. Prospera Financial Services Inc owned approximately 1.33% of First Trust Dorsey Wright Focus 5 ETF worth $48,752,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 0.3% in the second quarter. Commonwealth Equity Services LLC now owns 2,853,870 shares of the company’s stock worth $169,120,000 after purchasing an additional 8,043 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.8% in the second quarter. Osaic Holdings Inc. now owns 805,352 shares of the company’s stock worth $47,729,000 after buying an additional 21,720 shares during the last quarter. Cetera Investment Advisers increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.3% during the second quarter. Cetera Investment Advisers now owns 541,755 shares of the company’s stock valued at $32,104,000 after buying an additional 11,994 shares during the last quarter. Sard Wealth Management Group LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 0.8% in the third quarter. Sard Wealth Management Group LLC now owns 464,364 shares of the company’s stock worth $28,753,000 after acquiring an additional 3,773 shares during the period. Finally, D.A. Davidson & CO. boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% during the 3rd quarter. D.A. Davidson & CO. now owns 427,837 shares of the company’s stock worth $26,492,000 after acquiring an additional 1,352 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ:FV opened at $66.34 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a one year low of $47.04 and a one year high of $68.16. The business has a fifty day moving average price of $64.82 and a 200-day moving average price of $62.58. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.1355 dividend. This represents a $0.54 annualized dividend and a dividend yield of 0.8%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, December 12th.

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.