ORG Partners LLC Sells 25,691 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

ORG Partners LLC reduced its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 21.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,921 shares of the company’s stock after selling 25,691 shares during the period. First Trust Dorsey Wright Focus 5 ETF accounts for approximately 1.0% of ORG Partners LLC’s portfolio, making the stock its 17th largest position. ORG Partners LLC owned 0.16% of First Trust Dorsey Wright Focus 5 ETF worth $5,784,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. AQR Capital Management LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 85.2% in the 1st quarter. AQR Capital Management LLC now owns 46,043 shares of the company’s stock worth $2,526,000 after buying an additional 21,179 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 33.0% during the 1st quarter. Jane Street Group LLC now owns 29,687 shares of the company’s stock valued at $1,629,000 after purchasing an additional 7,361 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 3.8% during the second quarter. J.W. Cole Advisors Inc. now owns 7,299 shares of the company’s stock valued at $433,000 after buying an additional 269 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 1,587.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 129,940 shares of the company’s stock worth $7,700,000 after buying an additional 122,238 shares in the last quarter. Finally, Level Four Advisory Services LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 2.8% in the second quarter. Level Four Advisory Services LLC now owns 15,673 shares of the company’s stock worth $929,000 after buying an additional 426 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV opened at $59.59 on Monday. The company has a 50-day simple moving average of $64.48 and a two-hundred day simple moving average of $63.15. The firm has a market capitalization of $3.30 billion, a PE ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a one year low of $47.04 and a one year high of $68.16.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be given a dividend of $0.0514 per share. The ex-dividend date is Thursday, March 26th. This represents a $0.21 annualized dividend and a dividend yield of 0.3%.

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.