Waterfront Wealth Inc. Buys 1,507 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Waterfront Wealth Inc. raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,811 shares of the company’s stock after acquiring an additional 1,507 shares during the quarter. Waterfront Wealth Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,820,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Concurrent Investment Advisors LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 568,765 shares of the company’s stock worth $33,142,000 after purchasing an additional 12,580 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 1.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 513,339 shares of the company’s stock worth $30,318,000 after acquiring an additional 7,470 shares during the period. International Assets Investment Management LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 7,073.1% during the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock worth $28,514,000 after acquiring an additional 482,524 shares during the period. D.A. Davidson & CO. lifted its position in First Trust Dorsey Wright Focus 5 ETF by 0.3% during the 4th quarter. D.A. Davidson & CO. now owns 440,396 shares of the company’s stock worth $26,010,000 after acquiring an additional 1,236 shares during the period. Finally, Proactive Wealth Strategies LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 2.4% during the 4th quarter. Proactive Wealth Strategies LLC now owns 298,141 shares of the company’s stock worth $17,608,000 after acquiring an additional 7,112 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV opened at $61.81 on Friday. The stock has a 50-day moving average of $60.98 and a two-hundred day moving average of $59.06. First Trust Dorsey Wright Focus 5 ETF has a one year low of $49.73 and a one year high of $63.09. The stock has a market cap of $3.98 billion, a P/E ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

First Trust Dorsey Wright Focus 5 ETF 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.