Sar Wealth Management Group LLC Has $29.12 Million Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Sar Wealth Management Group LLC decreased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 508,791 shares of the company’s stock after selling 5,232 shares during the period. First Trust Dorsey Wright Focus 5 ETF comprises approximately 26.3% of Sar Wealth Management Group LLC’s holdings, making the stock its largest position. Sar Wealth Management Group LLC owned about 0.77% of First Trust Dorsey Wright Focus 5 ETF worth $29,118,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Creekmur Asset Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth $36,000. Tortoise Investment Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth $41,000. Moisand Fitzgerald Tamayo LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth $41,000. Partnership Wealth Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth $49,000. Finally, Twin Lakes Capital Management LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth $57,000.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.0 %

FV stock traded up $0.02 during mid-day trading on Thursday, hitting $56.87. The company had a trading volume of 28,703 shares, compared to its average volume of 126,905. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $41.05 and a 12-month high of $57.97. The company has a 50-day moving average price of $55.80 and a 200 day moving average price of $54.46.

First Trust Dorsey Wright Focus 5 ETF 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.