Koshinski Asset Management Inc. Sells 262 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Koshinski Asset Management Inc. cut its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,050 shares of the company’s stock after selling 262 shares during the period. Koshinski Asset Management Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $594,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FV. Raymond James & Associates raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock valued at $97,443,000 after purchasing an additional 47,375 shares during the period. Concurrent Investment Advisors LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 568,765 shares of the company’s stock valued at $33,142,000 after purchasing an additional 12,580 shares during the period. Madrona Financial Services LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 5.0% in the 3rd quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock valued at $29,824,000 after acquiring an additional 24,263 shares during the period. International Assets Investment Management LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock valued at $28,514,000 after acquiring an additional 482,524 shares during the period. Finally, Proactive Wealth Strategies LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at about $16,958,000.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.3 %

First Trust Dorsey Wright Focus 5 ETF stock opened at $62.01 on Thursday. The stock has a market cap of $4.00 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $49.73 and a twelve month high of $62.82. The company’s 50-day moving average price is $60.56 and its two-hundred day moving average price is $58.31.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.0386 dividend. The ex-dividend date of this dividend 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.