Citadel Advisors LLC Sells 50,034 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Citadel Advisors LLC cut its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 82.1% during the second quarter, HoldingsChannel reports. The firm owned 10,938 shares of the company’s stock after selling 50,034 shares during the quarter. Citadel Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $830,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. AlphaCore Capital LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at $8,977,000. Worthington Financial Partners LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $709,000. Forty three Eighteen Advisors LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $1,382,000. Corient Private Wealth LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $4,065,000. Finally, Sargent Investment Group LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $533,000.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.6%

FV opened at $72.09 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $58.33 and a 52 week high of $76.08. The company has a market capitalization of $3.74 billion, a P/E ratio of 19.48 and a beta of 1.09. The stock’s fifty day moving average is $72.10 and its two-hundred day moving average is $68.93.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.0761 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.30 annualized dividend and a yield of 0.4%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05.

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.