First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC cut its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 20.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,764 shares of the company’s stock after selling 1,501 shares during the period. Axxcess Wealth Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $340,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Crews Bank & Trust purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth approximately $27,000. Wilmington Savings Fund Society FSB purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $29,000. Grove Bank & Trust acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at $30,000. Truvestments Capital LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at $45,000. Finally, Synergy Asset Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $50,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.1 %

Shares of FV stock opened at $55.95 on Friday. The stock’s fifty day simple moving average is $59.76 and its 200-day simple moving average is $59.31. The company has a market capitalization of $3.58 billion, a price-to-earnings ratio of 18.97 and a beta of 1.11. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.73 and a 1-year 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.