Marshall Investment Management LLC Sells 7,821 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Marshall Investment Management LLC reduced its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 14.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 44,964 shares of the company’s stock after selling 7,821 shares during the period. First Trust Dorsey Wright Focus 5 ETF makes up 1.4% of Marshall Investment Management LLC’s investment portfolio, making the stock its 22nd biggest position. Marshall Investment Management LLC owned about 0.08% of First Trust Dorsey Wright Focus 5 ETF worth $2,829,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in FV. AQR Capital Management LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 85.2% during the 1st quarter. AQR Capital Management LLC now owns 46,043 shares of the company’s stock worth $2,526,000 after acquiring an additional 21,179 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 33.0% during the 1st quarter. Jane Street Group LLC now owns 29,687 shares of the company’s stock worth $1,629,000 after acquiring an additional 7,361 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 16.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 21,142 shares of the company’s stock worth $1,253,000 after acquiring an additional 2,976 shares during the last quarter. Quantinno Capital Management LP lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 15.0% during the 2nd quarter. Quantinno Capital Management LP now owns 5,168 shares of the company’s stock worth $306,000 after acquiring an additional 673 shares during the last quarter. Finally, Ausdal Financial Partners Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 3.3% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 7,655 shares of the company’s stock worth $454,000 after acquiring an additional 244 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $71.43 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $56.17 and a 52-week high of $71.56. The company has a market capitalization of $3.76 billion, a P/E ratio of 19.48 and a beta of 1.08. The company has a fifty day moving average of $64.81 and a 200-day moving average of $64.24.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.0514 per share. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, March 26th.

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.