Marshall Investment Management LLC Acquires New Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Marshall Investment Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 92,504 shares of the company’s stock, valued at approximately $5,390,000. First Trust Dorsey Wright Focus 5 ETF comprises about 3.2% of Marshall Investment Management LLC’s investment portfolio, making the stock its 10th largest holding. Marshall Investment Management LLC owned about 0.14% of First Trust Dorsey Wright Focus 5 ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $175,000. Fisher Asset Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $264,000. Avior Wealth Management LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 40.1% in the 3rd quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock valued at $135,000 after acquiring an additional 661 shares during the period. Benjamin Edwards Inc. increased its position in First Trust Dorsey Wright Focus 5 ETF by 5,608.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 20,607 shares of the company’s stock valued at $1,201,000 after acquiring an additional 20,246 shares during the period. Finally, Garden State Investment Advisory Services LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 2.1% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock valued at $2,089,000 after acquiring an additional 724 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Down 2.7 %

FV opened at $60.13 on Friday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $49.73 and a twelve month high of $63.09. The company has a fifty day moving average of $60.95 and a 200-day moving average of $59.17. The stock has a market cap of $3.88 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently announced 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 of this dividend 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.