Cascade Investment Group Inc. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 15,093 shares of the company’s stock, valued at approximately $1,108,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gateway Wealth Partners LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 99.2% in the first quarter. Gateway Wealth Partners LLC now owns 214,630 shares of the company’s stock worth $12,972,000 after purchasing an additional 106,877 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the first quarter valued at approximately $4,528,000. Atwood & Palmer Inc. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $5,283,000. Corient Private Wealth LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $4,065,000. Finally, Private Advisor Group LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 22.9% in the first quarter. Private Advisor Group LLC now owns 346,335 shares of the company’s stock worth $20,932,000 after buying an additional 64,429 shares during the period.
First Trust Dorsey Wright Focus 5 ETF Trading Down 0.5%
Shares of NASDAQ FV traded down $0.40 during midday trading on Tuesday, hitting $74.20. The company’s stock had a trading volume of 44,008 shares, compared to its average volume of 101,730. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $58.33 and a 12-month high of $76.08. The firm has a market cap of $3.86 billion, a P/E ratio of 19.48 and a beta of 1.09. The business’s 50 day moving average is $73.31 and its two-hundred day moving average is $70.56.
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.
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Want to see what other hedge funds are holding FV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report).
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