Kaydan Wealth Management Inc. Sells 540 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Kaydan Wealth Management Inc. lowered its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,522 shares of the company’s stock after selling 540 shares during the quarter. Kaydan Wealth Management Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $444,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the third quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock worth $28,514,000 after purchasing an additional 482,524 shares during the period. Proactive Wealth Strategies LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $16,958,000. ORG Partners LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 206.6% in the 4th quarter. ORG Partners LLC now owns 186,049 shares of the company’s stock valued at $10,988,000 after acquiring an additional 125,371 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at about $4,073,000. Finally, Raymond James & Associates grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% during the third quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock worth $97,443,000 after purchasing an additional 47,375 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV opened at $61.08 on Monday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.73 and a 1-year high of $62.82. The company has a market capitalization of $3.94 billion, a P/E ratio of 16.50 and a beta of 1.07. The firm’s 50 day simple moving average is $60.52 and its 200 day simple moving average is $58.23.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

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