Wealth Enhancement Advisory Services LLC Sells 6,176 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Wealth Enhancement Advisory Services LLC lowered its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 113,918 shares of the company’s stock after selling 6,176 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.18% of First Trust Dorsey Wright Focus 5 ETF worth $6,250,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 6.6% in the fourth quarter. LPL Financial LLC now owns 4,465,129 shares of the company’s stock worth $263,711,000 after acquiring an additional 277,315 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,849,421 shares of the company’s stock worth $168,287,000 after acquiring an additional 36,184 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth about $157,260,000. Bank of America Corp DE increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.6% in the fourth quarter. Bank of America Corp DE now owns 1,674,187 shares of the company’s stock worth $98,878,000 after acquiring an additional 9,409 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.5% in the fourth quarter. NewEdge Advisors LLC now owns 1,017,458 shares of the company’s stock worth $60,091,000 after acquiring an additional 24,439 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $58.48 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $47.04 and a 1 year high of $63.09. The business has a 50-day moving average of $56.22 and a two-hundred day moving average of $57.75. The company has a market capitalization of $3.68 billion, a P/E ratio of 19.48 and a beta of 1.07.

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.