Carr Financial Group Corp Has $2.09 Million Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Carr Financial Group Corp reduced its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 10.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 35,890 shares of the company’s stock after selling 4,335 shares during the quarter. Carr Financial Group Corp’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $2,091,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in FV. Envestnet Portfolio Solutions Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 51.5% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 14,869 shares of the company’s stock valued at $851,000 after purchasing an additional 5,056 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.8% during the first quarter. Oppenheimer & Co. Inc. now owns 27,115 shares of the company’s stock valued at $1,552,000 after buying an additional 735 shares during the last quarter. HBK Sorce Advisory LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the first quarter valued at about $267,000. Trustmark National Bank Trust Department grew its position in First Trust Dorsey Wright Focus 5 ETF by 13.9% during the first quarter. Trustmark National Bank Trust Department now owns 16,378 shares of the company’s stock worth $937,000 after buying an additional 2,000 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its stake in First Trust Dorsey Wright Focus 5 ETF by 3.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 12,315 shares of the company’s stock valued at $705,000 after acquiring an additional 402 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.4 %

Shares of FV stock opened at $61.13 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $43.60 and a 12 month high of $61.41. The company has a market capitalization of $3.96 billion, a P/E ratio of 16.50 and a beta of 1.07. The stock has a 50 day moving average of $57.68 and a two-hundred day moving average of $56.70.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.0199 dividend. This represents a $0.08 annualized dividend and a yield of 0.13%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

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.