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

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)’s share price dropped 0.3% during trading on Tuesday . The stock traded as low as $33.91 and last traded at $33.91. Approximately 9,516 shares were traded 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 Stock Down 0.3 %

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

First Trust Dorsey Wright Dynamic Focus 5 ETF Announces Dividend

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

Institutional Trading of First Trust Dorsey Wright Dynamic Focus 5 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FVC. PNC Financial Services Group Inc. increased its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 199.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,477 shares of the company’s stock worth $46,000 after buying an additional 983 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 131.4% in the 4th quarter. Global Retirement Partners LLC now owns 1,620 shares of the company’s stock worth $53,000 after buying an additional 920 shares during the last quarter. Atria Wealth Solutions Inc. bought a new stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter worth about $207,000. Trueblood Wealth Management LLC bought a new stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter worth about $499,000. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 2.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 24,602 shares of the company’s stock worth $771,000 after buying an additional 533 shares during the last quarter.

About First Trust Dorsey Wright Dynamic Focus 5 ETF

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.