First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Citigroup Inc.

Citigroup Inc. lessened its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 114,699 shares of the company’s stock after selling 4,074 shares during the quarter. Citigroup Inc. owned 0.18% of First Trust Dorsey Wright Focus 5 ETF worth $6,684,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FV. Sound Income Strategies LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at about $30,000. EverSource Wealth Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the second quarter worth approximately $39,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $86,000. Zions Bancorporation N.A. acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth about $86,000. Finally, Register Financial Advisors LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 11.5% in the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after purchasing an additional 200 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $61.46 on Friday. The company has a market capitalization of $3.98 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $46.94 and a fifty-two week high of $62.32. The stock has a 50-day simple moving average of $59.22 and a 200-day simple moving average of $57.29.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.