First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Stake Raised by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 82.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,471 shares of the company’s stock after purchasing an additional 2,475 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $323,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FV. Crews Bank & Trust acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $27,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at $29,000. Grove Bank & Trust bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth $30,000. Truvestments Capital LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth $45,000. Finally, Synergy Asset Management LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth $50,000.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.3 %

Shares of NASDAQ FV opened at $56.07 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $49.73 and a 12 month high of $63.09. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 18.21 and a beta of 1.07. The business has a fifty day simple moving average of $60.03 and a 200-day simple moving average of $59.38.

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.