Strategic Financial Concepts LLC Makes New $1.39 Million Investment in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Strategic Financial Concepts LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 23,521 shares of the company’s stock, valued at approximately $1,389,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Crews Bank & Trust bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $27,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $29,000. Sound Income Strategies LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $30,000. Grove Bank & Trust acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $30,000. Finally, Truvestments Capital LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $45,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $61.93 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $49.73 and a 52 week high of $63.09. The stock has a fifty day moving average of $60.94 and a 200-day moving average of $58.72. The stock has a market capitalization of $3.99 billion, a P/E ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The business also recently disclosed 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.