First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Trading Up 0.2% – Time to Buy?

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) was up 0.2% during trading on Monday . The stock traded as high as $42.07 and last traded at $41.93. 3,653 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 5,075 shares. The stock had previously closed at $41.85.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Up 0.2%

The business’s fifty day moving average is $41.53 and its two-hundred day moving average is $39.03. The stock has a market cap of $109.02 million, a price-to-earnings ratio of 19.13 and a beta of 0.71.

First Trust Dorsey Wright Dynamic Focus 5 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.0006 dividend. This represents a $0.00 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Trading of First Trust Dorsey Wright Dynamic Focus 5 ETF

Large investors have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the first quarter valued at $27,000. Fifth Third Bancorp acquired a new position in First Trust Dorsey Wright Dynamic Focus 5 ETF during the 1st quarter worth $90,000. NBT Bank N A NY grew its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF by 30,608.3% during the 1st quarter. NBT Bank N A NY now owns 11,055 shares of the company’s stock worth $385,000 after purchasing an additional 11,019 shares in the last quarter. Jane Street Group LLC purchased a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter worth about $535,000. Finally, Kestra Advisory Services LLC raised its position in First Trust Dorsey Wright Dynamic Focus 5 ETF by 21.0% in the 1st quarter. Kestra Advisory Services LLC now owns 16,024 shares of the company’s stock valued at $558,000 after purchasing an additional 2,785 shares in 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. FVC was launched on Mar 18, 2016 and is managed by First Trust.