Avantax Advisory Services Inc. Buys 11,925 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Avantax Advisory Services Inc. grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 136.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 20,683 shares of the company’s stock after acquiring an additional 11,925 shares during the period. Avantax Advisory Services Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,222,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $157,260,000. Independent Advisor Alliance purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $20,243,000. ORG Partners LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 206.6% during the fourth quarter. ORG Partners LLC now owns 186,049 shares of the company’s stock valued at $10,988,000 after purchasing an additional 125,371 shares in the last quarter. Essential Planning LLC. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at $5,838,000. Finally, Marshall Investment Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $5,390,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV opened at $55.50 on Wednesday. The company’s 50-day simple moving average is $59.95 and its two-hundred day simple moving average is $59.37. The stock has a market capitalization of $3.58 billion, a P/E ratio of 18.21 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $49.73 and a 52-week high of $63.09.

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.