2,115 Shares in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Purchased by Rialto Wealth Management LLC

Rialto Wealth Management LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 2,115 shares of the company’s stock, valued at approximately $125,000.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $157,260,000. Proactive Wealth Strategies LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth approximately $16,958,000. ORG Partners LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 206.6% during the 4th quarter. ORG Partners LLC now owns 186,049 shares of the company’s stock worth $10,988,000 after purchasing an additional 125,371 shares during the last quarter. Marshall Investment Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $5,390,000. Finally, TKG Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $3,974,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $56.87 on Friday. The business’s 50 day moving average price is $60.55 and its 200 day moving average price is $59.43. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 18.21 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a one year low of $49.73 and a one year high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.0386 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.