Cottonwood Capital Advisors LLC Has $2.06 Million Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cottonwood Capital Advisors LLC lowered its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,517 shares of the company’s stock after selling 1,175 shares during the period. First Trust Dorsey Wright Focus 5 ETF comprises 1.5% of Cottonwood Capital Advisors LLC’s portfolio, making the stock its 19th largest holding. Cottonwood Capital Advisors LLC owned approximately 0.06% of First Trust Dorsey Wright Focus 5 ETF worth $2,058,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. LPL Financial LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 6.6% during the fourth quarter. LPL Financial LLC now owns 4,465,129 shares of the company’s stock worth $263,711,000 after purchasing an additional 277,315 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 1.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,849,421 shares of the company’s stock worth $168,287,000 after buying an additional 36,184 shares in the last quarter. Raymond James Financial Inc. bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth about $157,260,000. Bank of America Corp DE increased its position in First Trust Dorsey Wright Focus 5 ETF by 0.6% in the 4th quarter. Bank of America Corp DE now owns 1,674,187 shares of the company’s stock valued at $98,878,000 after acquiring an additional 9,409 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 2.5% in the 4th quarter. NewEdge Advisors LLC now owns 1,017,458 shares of the company’s stock valued at $60,091,000 after acquiring an additional 24,439 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV opened at $58.00 on Thursday. The business’s fifty day moving average price is $56.35 and its two-hundred day moving average price is $57.75. The firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of 19.48 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $47.04 and a 52 week high of $63.09.

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.