Avantax Advisory Services Inc. Buys 11,925 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Avantax Advisory Services Inc. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 136.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 20,683 shares of the company’s stock after purchasing an additional 11,925 shares during the period. Avantax Advisory Services Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,222,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at $157,260,000. Janney Montgomery Scott LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 1.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 513,339 shares of the company’s stock worth $30,318,000 after acquiring an additional 7,470 shares during the last quarter. D.A. Davidson & CO. raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 4th quarter. D.A. Davidson & CO. now owns 440,396 shares of the company’s stock valued at $26,010,000 after acquiring an additional 1,236 shares in the last quarter. Independent Advisor Alliance bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at about $20,243,000. Finally, Proactive Wealth Strategies LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.4% during the fourth quarter. Proactive Wealth Strategies LLC now owns 298,141 shares of the company’s stock worth $17,608,000 after purchasing an additional 7,112 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV opened at $55.50 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.73 and a 1-year high of $63.09. The company has a market capitalization of $3.58 billion, a P/E ratio of 18.21 and a beta of 1.07. The firm’s 50 day simple moving average is $59.95 and its 200 day simple moving average is $59.37.

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.