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

Fmr LLC raised its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,734 shares of the company’s stock after acquiring an additional 438 shares during the quarter. Fmr LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $800,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at $30,000. EverSource Wealth Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at about $39,000. Truvestments Capital LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at approximately $45,000. Zions Bancorporation N.A. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $86,000. Finally, Prospera Private Wealth LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $118,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV opened at $61.56 on Wednesday. The firm’s 50 day simple moving average is $60.12 and its two-hundred day simple moving average is $57.74. The company has a market capitalization of $3.98 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.19 and a 1-year high of $62.82.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a $0.0386 dividend. The ex-dividend date 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.