Waterfront Wealth Inc. Grows Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Waterfront Wealth Inc. raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 30,811 shares of the company’s stock after buying an additional 1,507 shares during the period. Waterfront Wealth Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,820,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Unionview LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 5.1% in the 4th quarter. Unionview LLC now owns 93,717 shares of the company’s stock valued at $5,535,000 after purchasing an additional 4,522 shares in the last quarter. TKG Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $3,974,000. Global Retirement Partners LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 258.9% in the 4th quarter. Global Retirement Partners LLC now owns 55,742 shares of the company’s stock valued at $3,292,000 after purchasing an additional 40,212 shares in the last quarter. Proactive Wealth Strategies LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.4% in the 4th quarter. Proactive Wealth Strategies LLC now owns 298,141 shares of the company’s stock valued at $17,608,000 after purchasing an additional 7,112 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake 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 purchasing an additional 1,236 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 1.5 %

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $61.81 on Friday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $49.73 and a twelve month high of $63.09. The business has a 50-day moving average price of $60.98 and a 200 day moving average price of $59.06. The firm has a market cap of $3.98 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.0386 dividend. The ex-dividend date was Friday, December 13th.

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.