Independent Financial Group LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report) in the first quarter, HoldingsChannel reports. The institutional investor purchased 27,823 shares of the company’s stock, valued at approximately $1,682,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Elevated Capital Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $30,000. EPG Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $32,000. TD Capital Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $50,000. Laurel Wealth Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $78,000.
First Trust Dorsey Wright Focus 5 ETF Trading Down 0.1%
Shares of FV opened at $69.60 on Monday. The company’s 50 day simple moving average is $72.13 and its 200-day simple moving average is $67.19. The firm has a market cap of $3.62 billion, a PE ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $58.33 and a 12-month high of $76.08.
First Trust Dorsey Wright Focus 5 ETF Increases Dividend
First Trust Dorsey Wright Focus 5 ETF 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.
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Want to see what other hedge funds are holding FV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report).
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