HighTower Advisors LLC Cuts Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

HighTower Advisors LLC reduced its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 188,911 shares of the company’s stock after selling 2,614 shares during the period. HighTower Advisors LLC owned about 0.29% of First Trust Dorsey Wright Focus 5 ETF worth $11,157,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Cushing Capital Partners LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $2,815,000. O Dell Group LLC increased 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 buying an additional 421 shares during the period. Independent Advisor Alliance purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $20,243,000. Sound View Wealth Advisors Group LLC grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 82.8% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 6,762 shares of the company’s stock worth $399,000 after acquiring an additional 3,063 shares in the last quarter. Finally, Rialto Wealth Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $125,000.

First Trust Dorsey Wright Focus 5 ETF Stock Up 2.7 %

NASDAQ FV opened at $55.36 on Monday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $49.73 and a 52 week high of $63.09. The stock has a market capitalization of $3.57 billion, a PE ratio of 18.21 and a beta of 1.07. The firm has a 50 day moving average of $60.11 and a two-hundred day moving average of $59.38.

First Trust Dorsey Wright Focus 5 ETF Company 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.