Virtus Wealth Solutions LLC Raises Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Virtus Wealth Solutions LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 27.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 5,544 shares of the company’s stock after buying an additional 1,195 shares during the period. Virtus Wealth Solutions LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $157,260,000. GAMMA Investing LLC lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 5,386.0% in the first quarter. GAMMA Investing LLC now owns 407,226 shares of the company’s stock valued at $22,340,000 after acquiring an additional 399,803 shares during the period. Leigh Baldwin & CO. LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $20,823,000. Independent Advisor Alliance acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $20,243,000. Finally, Silver Oak Securities Incorporated increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1,567.2% during the 1st quarter. Silver Oak Securities Incorporated now owns 344,967 shares of the company’s stock valued at $19,115,000 after purchasing an additional 324,276 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV opened at $58.00 on Thursday. The company has a fifty day moving average of $56.35 and a two-hundred day moving average of $57.75. The stock has a market capitalization of $3.65 billion, a price-to-earnings ratio of 19.48 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $63.09.

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.