First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC – Get Rating) by 32.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,261 shares of the company’s stock after purchasing an additional 8,616 shares during the period. Envestnet Asset Management Inc.’s holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF were worth $1,235,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FVC. UBS Group AG grew its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF by 15.8% in the 3rd quarter. UBS Group AG now owns 619,583 shares of the company’s stock valued at $20,709,000 after acquiring an additional 84,601 shares during the last quarter. Atria Investments Inc lifted its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 25.9% in the fourth quarter. Atria Investments Inc now owns 416,763 shares of the company’s stock valued at $14,593,000 after purchasing an additional 85,766 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 0.5% in the second quarter. Wells Fargo & Company MN now owns 313,503 shares of the company’s stock valued at $10,634,000 after purchasing an additional 1,633 shares during the last quarter. Royal Bank of Canada increased its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 118.8% during the 3rd quarter. Royal Bank of Canada now owns 218,953 shares of the company’s stock worth $7,319,000 after purchasing an additional 118,893 shares in the last quarter. Finally, Mariner LLC raised its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 9.2% during the 1st quarter. Mariner LLC now owns 135,436 shares of the company’s stock worth $4,964,000 after purchasing an additional 11,428 shares during the last quarter.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

Shares of NASDAQ:FVC opened at $32.42 on Wednesday. The business’s fifty day moving average price is $32.48 and its two-hundred day moving average price is $33.60. The stock has a market cap of $246.39 million, a PE ratio of 10.63 and a beta of 0.80. First Trust Dorsey Wright Dynamic Focus 5 ETF has a one year low of $30.12 and a one year high of $37.52.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 31st. Investors of record on Monday, March 27th were paid a dividend of $0.153 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Friday, March 24th.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company Profile

(Get Rating)

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.