First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Shares Down 0.1% – Time to Sell?

Posted by Clark Linder on Oct 18th, 2024

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC – Get Free Report)’s stock price fell 0.1% during mid-day trading on Thursday . The company traded as low as $36.33 and last traded at $36.33. 2,193 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 12,183 shares. The stock had previously closed at $36.38.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

The firm has a market capitalization of $156.22 million, a PE ratio of 13.85 and a beta of 0.80. The company has a fifty day moving average price of $34.90 and a 200-day moving average price of $34.51.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.0524 per share. This represents a $0.21 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Thursday, September 26th.

Institutional Trading of First Trust Dorsey Wright Dynamic Focus 5 ETF

A hedge fund recently raised its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF stock. World Equity Group Inc. boosted its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC – Free Report) by 9.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,164 shares of the company’s stock after buying an additional 1,169 shares during the quarter. World Equity Group Inc. owned 0.29% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $464,000 as of its most recent filing with the Securities & Exchange Commission.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company Profile

(Get 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.