Wedbush Securities Inc. Purchases 30,265 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Wedbush Securities Inc. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 30,265 shares of the company’s stock, valued at approximately $2,221,000. Wedbush Securities Inc. owned about 0.06% of First Trust Dorsey Wright Focus 5 ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Brookstone Capital Management acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at about $313,000. NBT Bank N.A. bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth about $124,000. Redwood Family Wealth LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 5.2% during the third quarter. Redwood Family Wealth LLC now owns 9,776 shares of the company’s stock worth $718,000 after purchasing an additional 481 shares during the last quarter. Quantum Financial Partners LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 34.7% during the third quarter. Quantum Financial Partners LLC now owns 6,907 shares of the company’s stock worth $507,000 after purchasing an additional 1,779 shares during the last quarter. Finally, Mather Group LLC. acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at approximately $224,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $74.48 on Friday. The business has a 50 day moving average of $73.59 and a 200-day moving average of $71.34. The company has a market capitalization of $3.88 billion, a P/E ratio of 19.48 and a beta of 1.09. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $58.33 and a 1 year high of $76.08.

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.