SRS Capital Advisors Inc. Grows Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

SRS Capital Advisors Inc. grew its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 17.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,424 shares of the company’s stock after purchasing an additional 1,575 shares during the period. SRS Capital Advisors Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $616,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Cascade Investment Group Inc. grew its position in First Trust Dorsey Wright Focus 5 ETF by 1.1% in the fourth quarter. Cascade Investment Group Inc. now owns 17,535 shares of the company’s stock worth $1,036,000 after acquiring an additional 192 shares in the last quarter. Allworth Financial LP grew its position in First Trust Dorsey Wright Focus 5 ETF by 1.1% in the fourth quarter. Allworth Financial LP now owns 17,907 shares of the company’s stock worth $1,110,000 after acquiring an additional 200 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in First Trust Dorsey Wright Focus 5 ETF by 2.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 9,450 shares of the company’s stock worth $551,000 after acquiring an additional 204 shares in the last quarter. Apollon Wealth Management LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 0.3% in the fourth 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. Finally, Assetmark Inc. grew its position in First Trust Dorsey Wright Focus 5 ETF by 6.2% in the third quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock worth $223,000 after acquiring an additional 224 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV opened at $58.09 on Tuesday. The firm has a market cap of $3.75 billion, a P/E ratio of 18.21 and a beta of 1.11. The stock has a 50 day simple moving average of $60.84 and a two-hundred day simple moving average of $59.42. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $49.73 and a 1 year 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. Shareholders of record on Friday, December 13th were paid a $0.0386 dividend. 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.