First Trust Dorsey Wright Focus 5 ETF $FV Shares Newly Acquired by Madrona Financial Services LLC

Madrona Financial Services LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 261,274 shares of the company’s stock, valued at approximately $19,176,000. First Trust Dorsey Wright Focus 5 ETF makes up 3.0% of Madrona Financial Services LLC’s portfolio, making the stock its 13th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Acorn Wealth Advisors LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter worth $556,000. Quantinno Capital Management LP increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 86.9% in the first quarter. Quantinno Capital Management LP now owns 17,375 shares of the company’s stock valued at $1,050,000 after purchasing an additional 8,081 shares during the period. Ameritas Advisory Services LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 40.4% during the 2nd quarter. Ameritas Advisory Services LLC now owns 25,480 shares of the company’s stock worth $1,933,000 after purchasing an additional 7,333 shares during the last quarter. Corient Private Wealth LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth $4,065,000. Finally, First Heartland Consultants Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth $3,229,000.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.2%

NASDAQ FV opened at $74.48 on Friday. The business’s 50-day moving average price is $73.59 and its two-hundred day moving average price is $71.34. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $58.33 and a 12 month high of $76.08. The firm has a market capitalization of $3.88 billion, a PE ratio of 19.48 and a beta of 1.09.

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.