SPC Financial Inc. Purchases 9,804 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

SPC Financial Inc. lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 9.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,933 shares of the company’s stock after buying an additional 9,804 shares during the quarter. SPC Financial Inc. owned approximately 0.18% of First Trust Dorsey Wright Focus 5 ETF worth $6,847,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Proactive Wealth Strategies LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at about $16,958,000. ORG Partners LLC boosted its position in 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 valued at $10,988,000 after purchasing an additional 125,371 shares in the last quarter. Marshall Investment Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at about $5,390,000. TKG Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at about $3,974,000. Finally, G&S Capital LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at about $2,662,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV stock opened at $57.30 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.73 and a 1-year high of $63.09. The stock’s 50-day moving average is $60.81 and its 200 day moving average is $59.43. The company has a market cap of $3.69 billion, a P/E ratio of 18.21 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.0386 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.