Strid Group LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report) in the third quarter, HoldingsChannel reports. The fund bought 187,331 shares of the company’s stock, valued at approximately $13,749,000. First Trust Dorsey Wright Focus 5 ETF makes up approximately 1.5% of Strid Group LLC’s investment portfolio, making the stock its 11th biggest position.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. D.A. Davidson & CO. bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $28,490,000. Madrona Financial Services LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at $19,176,000. Gateway Wealth Partners LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 99.2% in the 1st quarter. Gateway Wealth Partners LLC now owns 214,630 shares of the company’s stock valued at $12,972,000 after buying an additional 106,877 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the first quarter valued at approximately $4,528,000. Finally, Atwood & Palmer Inc. acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at $5,283,000.
First Trust Dorsey Wright Focus 5 ETF Price Performance
FV stock opened at $75.03 on Friday. The firm has a market cap of $3.91 billion, a PE ratio of 19.48 and a beta of 1.09. The firm has a 50 day simple moving average of $73.79 and a 200 day simple moving average of $69.44. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $58.33 and a 12 month high of $76.20.
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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