First Trust Dorsey Wright Focus 5 ETF $FV Position Increased by Marshall Investment Management LLC

Marshall Investment Management LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 41.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 52,785 shares of the company’s stock after buying an additional 15,507 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF accounts for about 1.7% of Marshall Investment Management LLC’s investment portfolio, making the stock its 18th largest position. Marshall Investment Management LLC owned approximately 0.09% of First Trust Dorsey Wright Focus 5 ETF worth $3,268,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth $44,000. ST Germain D J Co. Inc. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at $56,000. MAI Capital Management lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 44.2% during the second quarter. MAI Capital Management now owns 1,895 shares of the company’s stock valued at $112,000 after purchasing an additional 581 shares during the last quarter. Private Trust Co. NA boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 12.5% in the 3rd quarter. Private Trust Co. NA now owns 2,167 shares of the company’s stock valued at $134,000 after purchasing an additional 241 shares during the period. Finally, Centaurus Financial Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 25.9% in the 2nd quarter. Centaurus Financial Inc. now owns 3,394 shares of the company’s stock valued at $201,000 after purchasing an additional 698 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.2%

Shares of FV opened at $61.35 on Tuesday. The business’s 50-day moving average price is $65.41 and its 200 day moving average price is $63.17. The stock has a market capitalization of $3.40 billion, a P/E ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $47.04 and a 1-year high of $68.16.

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.