Janney Montgomery Scott LLC Purchases 20,835 Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF $FVC

Janney Montgomery Scott LLC grew its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVCFree Report) by 76.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,059 shares of the company’s stock after purchasing an additional 20,835 shares during the quarter. Janney Montgomery Scott LLC owned about 1.46% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $1,708,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 466.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 839 shares of the company’s stock worth $30,000 after purchasing an additional 691 shares in the last quarter. Chicago Partners Investment Group LLC bought a new position in First Trust Dorsey Wright Dynamic Focus 5 ETF in the 1st quarter worth $233,000. Cetera Investment Advisers raised its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 14.0% in the 1st quarter. Cetera Investment Advisers now owns 8,744 shares of the company’s stock worth $308,000 after purchasing an additional 1,075 shares in the last quarter. World Equity Group Inc. raised its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 40.4% in the 1st quarter. World Equity Group Inc. now owns 18,792 shares of the company’s stock worth $668,000 after purchasing an additional 5,407 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 98.7% in the 1st quarter. Raymond James Financial Inc. now owns 214,802 shares of the company’s stock worth $7,557,000 after purchasing an additional 106,682 shares in the last quarter.

First Trust Dorsey Wright Dynamic Focus 5 ETF Trading Down 1.1%

Shares of NASDAQ FVC opened at $35.80 on Friday. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 12 month low of $31.90 and a 12 month high of $39.21. The firm has a market capitalization of $110.98 million, a PE ratio of 19.13 and a beta of 0.80. The firm has a fifty day simple moving average of $36.04 and a two-hundred day simple moving average of $35.40.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a $0.2262 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.90 annualized dividend and a yield of 2.5%.

About First Trust Dorsey Wright Dynamic Focus 5 ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

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