Ergawealth Advisors Inc. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,609 shares of the company’s stock, valued at approximately $210,000.
Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 1.0% during the second quarter. LPL Financial LLC now owns 4,211,170 shares of the company’s stock valued at $241,157,000 after purchasing an additional 39,720 shares during the last quarter. Raymond James & Associates increased its stake 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 purchasing an additional 47,375 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 1.4% during the second quarter. Concurrent Investment Advisors LLC now owns 556,185 shares of the company’s stock valued at $31,851,000 after purchasing an additional 7,569 shares during the last quarter. Cetera Investment Advisers increased its stake in First Trust Dorsey Wright Focus 5 ETF by 311.9% during the first quarter. Cetera Investment Advisers now owns 535,013 shares of the company’s stock valued at $30,619,000 after purchasing an additional 405,129 shares during the last quarter. Finally, Madrona Financial Services LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 5.0% during the third quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock valued at $29,824,000 after purchasing an additional 24,263 shares during the last quarter.
First Trust Dorsey Wright Focus 5 ETF Price Performance
FV stock opened at $58.19 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $41.05 and a 1-year high of $60.06. The firm has a fifty day moving average price of $57.16 and a two-hundred day moving average price of $56.33. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.
First Trust Dorsey Wright Focus 5 ETF Increases Dividend
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.
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