Golden State Wealth Management LLC Invests $2.59 Million in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Golden State Wealth Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 43,905 shares of the company’s stock, valued at approximately $2,593,000. Golden State Wealth Management LLC owned about 0.07% of First Trust Dorsey Wright Focus 5 ETF as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Raymond James & Associates grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% in the 3rd 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 in the last quarter. Concurrent Investment Advisors LLC increased its holdings in 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 buying an additional 12,580 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 1.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 513,339 shares of the company’s stock valued at $30,318,000 after acquiring an additional 7,470 shares during the last quarter. Madrona Financial Services LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 5.0% during the 3rd quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock worth $29,824,000 after purchasing an additional 24,263 shares during the last quarter. Finally, International Assets Investment Management LLC raised its holdings 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 during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $62.44 on Friday. The stock has a 50-day simple moving average of $60.94 and a 200 day simple moving average of $58.61. The stock has a market capitalization of $4.02 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $49.73 and a 52 week high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

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.