Envestnet Portfolio Solutions Inc. Has $1.62 Million Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 29.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,351 shares of the company’s stock after purchasing an additional 6,226 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,615,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FV. Fisher Asset Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at approximately $264,000. Benjamin Edwards Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 5,608.3% in the third quarter. Benjamin Edwards Inc. now owns 20,607 shares of the company’s stock valued at $1,201,000 after buying an additional 20,246 shares in the last quarter. Avior Wealth Management LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 40.1% during the third quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock worth $135,000 after buying an additional 661 shares during the last quarter. Garden State Investment Advisory Services LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% during the third quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock worth $2,089,000 after buying an additional 724 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 12.9% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 7,087 shares of the company’s stock valued at $419,000 after acquiring an additional 812 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.1 %

First Trust Dorsey Wright Focus 5 ETF stock opened at $55.95 on Friday. The stock has a 50-day moving average price of $59.76 and a two-hundred day moving average price of $59.31. 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 capitalization of $3.58 billion, a PE ratio of 18.97 and a beta of 1.11.

About First Trust Dorsey Wright Focus 5 ETF

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.