4,199 Shares in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Purchased by JPL Wealth Management LLC

JPL Wealth Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 4,199 shares of the company’s stock, valued at approximately $248,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Crews Bank & Trust purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $27,000. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth approximately $29,000. Grove Bank & Trust bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $30,000. Truvestments Capital LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $45,000. Finally, Synergy Asset Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $50,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $54.92 on Thursday. The company has a market cap of $3.54 billion, a PE ratio of 18.21 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $49.73 and a 52-week high of $63.09. The firm’s 50 day moving average price is $60.38 and its 200-day moving average price is $59.42.

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.