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

Golden State Wealth Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 4th quarter, Holdings Channel reports. The fund acquired 43,905 shares of the company’s stock, valued at approximately $2,593,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FV. International Assets Investment Management LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 7,073.1% during the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock worth $28,514,000 after acquiring an additional 482,524 shares during the last quarter. Proactive Wealth Strategies LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at about $16,958,000. ORG Partners LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 206.6% during the fourth quarter. ORG Partners LLC now owns 186,049 shares of the company’s stock worth $10,988,000 after purchasing an additional 125,371 shares during the last quarter. Raymond James & Associates increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% in the third quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock valued at $97,443,000 after buying an additional 47,375 shares during the period. Finally, Madrona Financial Services LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 5.0% in the 3rd quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock valued at $29,824,000 after buying an additional 24,263 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ:FV opened at $62.44 on Friday. First Trust Dorsey Wright Focus 5 ETF has a one year low of $49.73 and a one year high of $63.09. The firm’s 50 day simple moving average is $60.94 and its 200 day simple moving average is $58.61. The company has a market cap of $4.02 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.0386 dividend. 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.