Blueprint Investment Partners LLC Buys Shares of 7,618 First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Blueprint Investment Partners LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 7,618 shares of the company’s stock, valued at approximately $450,000.

A number of other hedge funds also recently made changes to their positions in the stock. Kiker Wealth Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $1,121,000. Creative Financial Designs Inc. ADV raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 29,553 shares of the company’s stock worth $1,745,000 after acquiring an additional 835 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 29.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 27,351 shares of the company’s stock worth $1,615,000 after acquiring an additional 6,226 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $248,000. Finally, Commonwealth Equity Services LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,849,421 shares of the company’s stock worth $168,287,000 after purchasing an additional 36,184 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock opened at $55.95 on Monday. The company has a market cap of $3.58 billion, a P/E ratio of 18.97 and a beta of 1.11. The stock has a 50 day simple moving average of $59.76 and a two-hundred day simple moving average of $59.38. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $49.73 and a fifty-two week high of $63.09.

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.