Morey & Quinn Wealth Partners LLC Acquires New Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Morey & Quinn Wealth Partners LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 51,457 shares of the company’s stock, valued at approximately $3,039,000. First Trust Dorsey Wright Focus 5 ETF comprises about 2.6% of Morey & Quinn Wealth Partners LLC’s investment portfolio, making the stock its 9th largest position. Morey & Quinn Wealth Partners LLC owned about 0.08% of First Trust Dorsey Wright Focus 5 ETF as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Cascade Investment Group Inc. grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.1% during the fourth quarter. Cascade Investment Group Inc. now owns 17,535 shares of the company’s stock valued at $1,036,000 after purchasing an additional 192 shares during the period. Allworth Financial LP lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% during the 4th quarter. Allworth Financial LP now owns 17,907 shares of the company’s stock valued at $1,110,000 after buying an additional 200 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 4th quarter. Apollon Wealth Management LLC now owns 77,732 shares of the company’s stock worth $4,591,000 after acquiring an additional 210 shares in the last quarter. O Dell Group LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 2.4% during the 4th quarter. O Dell Group LLC now owns 17,948 shares of the company’s stock worth $1,060,000 after acquiring an additional 421 shares during the period. Finally, FMR LLC lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 3.3% during the third quarter. FMR LLC now owns 13,734 shares of the company’s stock valued at $800,000 after purchasing an additional 438 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ FV opened at $57.60 on Wednesday. The stock has a market cap of $3.71 billion, a PE ratio of 18.97 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $49.73 and a 1 year high of $63.09. The firm has a fifty day moving average price of $59.71 and a 200-day moving average price of $59.43.

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.