First Trust Dorsey Wright Focus 5 ETF $FV Position Boosted by Marshall Investment Management LLC

Marshall Investment Management LLC grew its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 41.6% during the third quarter, Holdings Channel.com reports. The firm owned 52,785 shares of the company’s stock after buying an additional 15,507 shares during the period. First Trust Dorsey Wright Focus 5 ETF comprises about 1.7% of Marshall Investment Management LLC’s portfolio, making the stock its 18th biggest holding. Marshall Investment Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $3,268,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in FV. AQR Capital Management LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 85.2% during the first quarter. AQR Capital Management LLC now owns 46,043 shares of the company’s stock valued at $2,526,000 after purchasing an additional 21,179 shares in the last quarter. Jane Street Group LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 33.0% in the 1st quarter. Jane Street Group LLC now owns 29,687 shares of the company’s stock worth $1,629,000 after buying an additional 7,361 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.3% during the 2nd quarter. Cetera Investment Advisers now owns 541,755 shares of the company’s stock valued at $32,104,000 after buying an additional 11,994 shares during the period. MAI Capital Management boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 44.2% during the 2nd quarter. MAI Capital Management now owns 1,895 shares of the company’s stock valued at $112,000 after buying an additional 581 shares during the period. Finally, Global Retirement Partners LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at $3,489,000.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.2%

NASDAQ FV opened at $61.35 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $47.04 and a 1-year high of $68.16. The company has a market capitalization of $3.40 billion, a PE ratio of 19.48 and a beta of 1.08. The firm’s fifty day simple moving average is $65.41 and its 200-day simple moving average is $63.17.

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.