Strid Group LLC Trims Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Strid Group LLC lessened its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,258 shares of the company’s stock after selling 1,642 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF comprises 2.1% of Strid Group LLC’s portfolio, making the stock its 7th biggest holding. Strid Group LLC owned approximately 0.36% of First Trust Dorsey Wright Focus 5 ETF worth $13,717,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. First Citizens Bank & Trust Co. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock valued at $593,000 after acquiring an additional 178 shares during the last quarter. Simplicity Wealth LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 2.6% during the third quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock valued at $446,000 after purchasing an additional 191 shares during the period. Cascade Investment Group Inc. lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% in the 4th quarter. Cascade Investment Group Inc. now owns 17,535 shares of the company’s stock valued at $1,036,000 after purchasing an additional 192 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.2% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,450 shares of the company’s stock worth $551,000 after purchasing an additional 204 shares during the period. Finally, Apollon Wealth Management LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 4th quarter. Apollon Wealth Management LLC now owns 77,732 shares of the company’s stock worth $4,591,000 after purchasing an additional 210 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ:FV opened at $61.85 on Friday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $49.73 and a fifty-two week high of $63.09. The firm has a market capitalization of $3.99 billion, a PE ratio of 16.50 and a beta of 1.07. The stock’s fifty day moving average is $60.94 and its 200 day moving average is $58.61.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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