Jane Street Group LLC Sells 22,098 Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Jane Street Group LLC lessened its position in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) by 74.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,500 shares of the company’s stock after selling 22,098 shares during the quarter. Jane Street Group LLC owned 0.20% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $274,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Atria Wealth Solutions Inc. grew its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 50.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 9,519 shares of the company’s stock valued at $348,000 after buying an additional 3,209 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the fourth quarter valued at about $3,952,000. Arbor Capital Management Inc. ADV bought a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the fourth quarter valued at about $323,000. Proactive Wealth Strategies LLC grew its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 6.0% in the fourth quarter. Proactive Wealth Strategies LLC now owns 8,206 shares of the company’s stock worth $300,000 after purchasing an additional 465 shares during the last quarter. Finally, Independent Advisor Alliance bought a new stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the fourth quarter worth about $243,000.

First Trust Dorsey Wright Dynamic Focus 5 ETF Price Performance

NASDAQ FVC opened at $35.32 on Wednesday. The stock has a market capitalization of $132.43 million, a PE ratio of 19.13 and a beta of 0.80. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 1 year low of $30.39 and a 1 year high of $39.21. The business’s 50-day moving average is $34.66 and its 200 day moving average is $36.19.

First Trust Dorsey Wright Dynamic Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.1174 dividend. The ex-dividend date was Thursday, March 27th. This is a boost from First Trust Dorsey Wright Dynamic Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.47 annualized dividend and a dividend yield of 1.33%.

First Trust Dorsey Wright Dynamic Focus 5 ETF 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.