Fmr LLC Increases Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Fmr LLC grew its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,734 shares of the company’s stock after buying an additional 438 shares during the period. Fmr LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $800,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FV. LPL Financial LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.0% during the 2nd quarter. LPL Financial LLC now owns 4,211,170 shares of the company’s stock valued at $241,157,000 after buying an additional 39,720 shares in the last quarter. Raymond James & Associates grew its position in 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 valued at $97,443,000 after acquiring an additional 47,375 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.3% during the third quarter. Concurrent Investment Advisors LLC now owns 568,765 shares of the company’s stock worth $33,142,000 after acquiring an additional 12,580 shares in the last quarter. Madrona Financial Services LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 5.0% in the 3rd quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock worth $29,824,000 after acquiring an additional 24,263 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock valued at $28,514,000 after purchasing an additional 482,524 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV opened at $61.56 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $49.19 and a 1 year high of $62.82. The stock’s 50 day simple moving average is $60.12 and its 200 day simple moving average is $57.74. The firm has a market cap of $3.98 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.0386 per share. The ex-dividend date of this dividend is Friday, December 13th.

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.