Cottonwood Capital Advisors LLC Sells 5,462 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cottonwood Capital Advisors LLC lowered its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 12.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,692 shares of the company’s stock after selling 5,462 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF makes up approximately 1.6% of Cottonwood Capital Advisors LLC’s investment portfolio, making the stock its 19th largest position. Cottonwood Capital Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $2,285,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at $29,000. Sound Income Strategies LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth about $30,000. Grove Bank & Trust acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $30,000. EverSource Wealth Advisors LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at approximately $39,000. Finally, Truvestments Capital LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $45,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ FV opened at $62.23 on Friday. The firm has a 50 day moving average price of $60.66 and a two-hundred day moving average price of $58.37. The stock has a market cap of $4.01 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $49.73 and a 52-week high of $62.82.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0386 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Dorsey Wright Focus 5 ETF

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.