Madrona Financial Services LLC Has $28.96 Million Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Posted by Editorial Team on Jan 23rd, 2025

Madrona Financial Services LLC cut its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report) by 4.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 490,310 shares of the company’s stock after selling 21,521 shares during the quarter. First Trust Dorsey Wright Focus 5 ETF comprises about 7.9% of Madrona Financial Services LLC’s holdings, making the stock its 3rd biggest holding. Madrona Financial Services LLC owned about 0.76% of First Trust Dorsey Wright Focus 5 ETF worth $28,958,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $29,000. Sound Income Strategies LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at about $30,000. Grove Bank & Trust purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth approximately $30,000. EverSource Wealth Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter worth approximately $39,000. Finally, Truvestments Capital LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $45,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $61.86 on Thursday. The stock has a market cap of $3.99 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $49.73 and a 1 year high of $62.82. The firm’s 50 day moving average price is $60.56 and its 200-day moving average price is $58.31.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.0386 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Dorsey Wright Focus 5 ETF Company Profile

(Free Report)

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.