Armstrong Advisory Group Inc. Makes New $176,000 Investment in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Armstrong Advisory Group Inc. purchased a new position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,972 shares of the company’s stock, valued at approximately $176,000.

A number of other institutional investors also recently modified their holdings of FV. First Citizens Bank & Trust Co. grew its stake in First Trust Dorsey Wright Focus 5 ETF by 1.8% during the third quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock worth $593,000 after purchasing an additional 178 shares during the period. Simplicity Wealth LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.6% during the 3rd quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock worth $446,000 after buying an additional 191 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.2% in the 3rd 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 in the last quarter. Assetmark Inc. lifted its position in shares of 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 valued at $223,000 after acquiring an additional 224 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 2.7% during the second quarter. B. Riley Wealth Advisors Inc. now owns 12,649 shares of the company’s stock worth $724,000 after acquiring an additional 334 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.4 %

FV opened at $60.38 on Friday. The company has a fifty day moving average price of $60.52 and a two-hundred day moving average price of $58.20. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.73 and a 1-year high of $62.82. The company has a market cap of $3.90 billion, a P/E ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors 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 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.