Grove Bank & Trust Invests $30,000 in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Grove Bank & Trust bought a new position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 500 shares of the company’s stock, valued at approximately $30,000.

Several other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 7,073.1% during the third quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock valued at $28,514,000 after purchasing an additional 482,524 shares in the last quarter. Proactive Wealth Strategies LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $16,958,000. ORG Partners LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 206.6% during the fourth quarter. ORG Partners LLC now owns 186,049 shares of the company’s stock valued at $10,988,000 after purchasing an additional 125,371 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at approximately $4,073,000. Finally, Raymond James & Associates grew its position in First Trust Dorsey Wright Focus 5 ETF by 2.9% during the third quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock valued at $97,443,000 after purchasing an additional 47,375 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.2 %

FV stock opened at $61.08 on Tuesday. The company has a market capitalization of $3.94 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 $49.73 and a 12 month high of $62.82. The firm has a 50 day moving average of $60.51 and a two-hundred day moving average of $58.26.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.0386 dividend. The ex-dividend date was Friday, December 13th.

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.