First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Reaches New 12-Month High – Here’s What Happened

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)’s stock price hit a new 52-week high during trading on Wednesday. The stock traded as high as $76.14 and last traded at $76.0790, with a volume of 21,330 shares trading hands. The stock had previously closed at $75.46.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.3%

The firm has a fifty day simple moving average of $73.75 and a two-hundred day simple moving average of $69.40. The stock has a market cap of $3.95 billion, a PE ratio of 19.48 and a beta of 1.09.

Institutional Investors Weigh In On First Trust Dorsey Wright Focus 5 ETF

Institutional investors have recently modified their holdings of the stock. American National Bank & Trust purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth approximately $34,000. Washington Trust Advisors Inc. bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth approximately $35,000. Laurel Wealth Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $51,000. Bartlett & CO. Wealth Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the first quarter valued at approximately $64,000. Finally, Next Level Wealth Planning LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter worth approximately $85,000.

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.