Marshall Investment Management LLC Purchases New Shares in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Marshall Investment Management LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the fourth quarter, Holdings Channel.com reports. The fund purchased 92,504 shares of the company’s stock, valued at approximately $5,390,000. First Trust Dorsey Wright Focus 5 ETF accounts for approximately 3.2% of Marshall Investment Management LLC’s portfolio, making the stock its 10th largest position.

A number of other large investors also recently made changes to their positions in FV. International Assets Investment Management LLC increased its holdings 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 worth $28,514,000 after buying an additional 482,524 shares during the last quarter. Silver Oak Securities Incorporated increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 61.4% during the third quarter. Silver Oak Securities Incorporated now owns 17,889 shares of the company’s stock worth $1,045,000 after buying an additional 6,806 shares during the last quarter. Trueblood Wealth Management LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 10.0% during the third quarter. Trueblood Wealth Management LLC now owns 12,130 shares of the company’s stock worth $707,000 after buying an additional 1,105 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.1% during the third quarter. Arkadios Wealth Advisors now owns 45,353 shares of the company’s stock worth $2,643,000 after buying an additional 473 shares during the last quarter. Finally, PFG Investments LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 3.2% during the third quarter. PFG Investments LLC now owns 125,833 shares of the company’s stock worth $7,332,000 after buying an additional 3,880 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 2.7 %

FV opened at $60.13 on Friday. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. The firm has a 50-day moving average price of $60.95 and a 200-day moving average price of $59.17. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $49.73 and a twelve month high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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