PNC Financial Services Group Inc. Has $926,000 Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

PNC Financial Services Group Inc. grew its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 29.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,683 shares of the company’s stock after acquiring an additional 3,543 shares during the quarter. PNC Financial Services Group Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of FV. Raymond James Financial Inc. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at about $157,260,000. SPC Financial Inc. boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 9.2% in the fourth quarter. SPC Financial Inc. now owns 115,933 shares of the company’s stock valued at $6,847,000 after buying an additional 9,804 shares during the period. Assetmark Inc. lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 54.8% during the fourth quarter. Assetmark Inc. now owns 5,924 shares of the company’s stock worth $350,000 after purchasing an additional 2,096 shares during the last quarter. Jones Financial Companies Lllp boosted its position in First Trust Dorsey Wright Focus 5 ETF by 96.4% in the fourth quarter. Jones Financial Companies Lllp now owns 35,464 shares of the company’s stock valued at $2,095,000 after buying an additional 17,411 shares in the last quarter. Finally, SRS Capital Advisors Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 17.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 10,424 shares of the company’s stock worth $616,000 after buying an additional 1,575 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV stock opened at $56.07 on Tuesday. 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. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 18.21 and a beta of 1.07. The stock has a fifty day moving average of $60.03 and a 200-day moving average of $59.38.

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.