Dale Q Rice Investment Management Ltd Buys Shares of 9,662 First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Dale Q Rice Investment Management Ltd purchased a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,662 shares of the company’s stock, valued at approximately $571,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FV. First Citizens Bank & Trust Co. grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.8% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock valued at $593,000 after buying an additional 178 shares during the last quarter. Simplicity Wealth LLC lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.6% in the third quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock valued at $446,000 after acquiring an additional 191 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.2% during the third quarter. Nations Financial Group Inc. IA ADV now owns 9,450 shares of the company’s stock valued at $551,000 after acquiring an additional 204 shares during the last quarter. Assetmark Inc. increased its position in First Trust Dorsey Wright Focus 5 ETF by 6.2% during the 3rd quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock worth $223,000 after purchasing an additional 224 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 2.7% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 12,649 shares of the company’s stock valued at $724,000 after purchasing an additional 334 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $58.60 on Tuesday. The stock has a market capitalization of $3.79 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $49.73 and a 12-month high of $62.82. The firm’s 50-day moving average is $60.52 and its two-hundred day moving average is $58.14.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

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