First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Get Free Report) shares crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $69.57 and traded as high as $69.94. First Trust Dorsey Wright Focus 5 ETF shares last traded at $69.70, with a volume of 69,864 shares traded.
First Trust Dorsey Wright Focus 5 ETF Stock Up 0.6%
The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of 19.48 and a beta of 1.09. The business’s 50-day moving average is $73.58 and its two-hundred day moving average is $69.57.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Commonwealth Equity Services LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at $125,369,000. D.A. Davidson & CO. purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $28,490,000. Madrona Financial Services LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at about $19,176,000. Strid Group LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth about $13,749,000. Finally, Valmark Advisers Inc. acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $8,770,000.
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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