Strid Group LLC Makes New $13.75 Million Investment in First Trust Dorsey Wright Focus 5 ETF $FV

Strid Group LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 187,331 shares of the company’s stock, valued at approximately $13,749,000. First Trust Dorsey Wright Focus 5 ETF accounts for approximately 1.5% of Strid Group LLC’s holdings, making the stock its 11th largest holding. Strid Group LLC owned approximately 0.36% of First Trust Dorsey Wright Focus 5 ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Morey & Quinn Wealth Partners LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% during the 3rd quarter. Morey & Quinn Wealth Partners LLC now owns 53,784 shares of the company’s stock worth $3,948,000 after acquiring an additional 928 shares in the last quarter. D.A. Davidson & CO. acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at about $28,490,000. VestGen Advisors LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.5% during the third quarter. VestGen Advisors LLC now owns 46,184 shares of the company’s stock worth $3,390,000 after purchasing an additional 214 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth $51,000. Finally, Oakworth Capital Inc. acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at about $220,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ FV opened at $75.03 on Friday. The firm has a market capitalization of $3.91 billion, a P/E ratio of 19.48 and a beta of 1.09. First Trust Dorsey Wright Focus 5 ETF has a one year low of $58.33 and a one year high of $76.20. The company’s fifty day moving average is $73.79 and its two-hundred day moving average is $69.44.

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.