Pine Valley Investments Ltd Liability Co Sells 339 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Pine Valley Investments Ltd Liability Co cut its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,511 shares of the company’s stock after selling 339 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $503,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FV. Proactive Wealth Strategies LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth $16,958,000. ORG Partners LLC lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 206.6% in the 4th quarter. ORG Partners LLC now owns 186,049 shares of the company’s stock valued at $10,988,000 after acquiring an additional 125,371 shares during the last quarter. Marshall Investment Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $5,390,000. TKG Advisors LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $3,974,000. Finally, G&S Capital LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $2,662,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV opened at $59.63 on Thursday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $49.73 and a 52 week high of $63.09. The stock has a market capitalization of $3.84 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. The stock has a fifty day moving average of $60.87 and a 200-day moving average of $59.31.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders 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 Company 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.