First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Trading Down 0.3%

Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) were down 0.3% during trading on Tuesday . The company traded as low as $33.91 and last traded at $33.91. Approximately 9,516 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 16,088 shares. The stock had previously closed at $34.00.

First Trust Dorsey Wright Dynamic Focus 5 ETF Trading Down 0.3 %

The company has a market cap of $159.38 million, a price-to-earnings ratio of 13.85 and a beta of 0.92. The stock’s fifty day simple moving average is $33.87 and its 200 day simple moving average is $32.81.

First Trust Dorsey Wright Dynamic Focus 5 ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.139 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.64%.

Institutional Trading of First Trust Dorsey Wright Dynamic Focus 5 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC boosted its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 131.4% during the 4th quarter. Global Retirement Partners LLC now owns 1,620 shares of the company’s stock worth $53,000 after purchasing an additional 920 shares during the period. Trueblood Wealth Management LLC purchased a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter worth approximately $499,000. Oppenheimer & Co. Inc. boosted its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 2.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 24,602 shares of the company’s stock worth $771,000 after purchasing an additional 533 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 199.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,477 shares of the company’s stock worth $46,000 after purchasing an additional 983 shares during the period. Finally, Atria Wealth Solutions Inc. purchased a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter worth approximately $207,000.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company Profile

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum.