Commonwealth Equity Services LLC Makes New $125.37 Million Investment in First Trust Dorsey Wright Focus 5 ETF $FV

Commonwealth Equity Services LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,708,140 shares of the company’s stock, valued at approximately $125,369,000. Commonwealth Equity Services LLC owned approximately 3.28% of First Trust Dorsey Wright Focus 5 ETF as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in FV. Trueblood Wealth Management LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 0.6% in the 3rd quarter. Trueblood Wealth Management LLC now owns 26,158 shares of the company’s stock worth $1,920,000 after purchasing an additional 145 shares during the period. VestGen Advisors LLC lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.5% in the 3rd quarter. VestGen Advisors LLC now owns 46,184 shares of the company’s stock valued at $3,390,000 after acquiring an additional 214 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 60,109 shares of the company’s stock valued at $4,412,000 after acquiring an additional 280 shares during the period. SkyOak Wealth LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 0.3% during the 1st quarter. SkyOak Wealth LLC now owns 107,748 shares of the company’s stock worth $6,512,000 after acquiring an additional 297 shares during the last quarter. Finally, Stephens Inc. AR increased its stake in First Trust Dorsey Wright Focus 5 ETF by 2.4% in the 1st quarter. Stephens Inc. AR now owns 16,029 shares of the company’s stock worth $969,000 after purchasing an additional 369 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $69.70 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $58.33 and a 52-week high of $76.20. The stock has a market capitalization of $3.63 billion, a price-to-earnings ratio of 19.48 and a beta of 1.09. The company’s 50 day moving average price is $73.58 and its 200-day moving average price is $69.57.

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.