Prospera Private Wealth LLC Buys New Shares in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Prospera Private Wealth LLC purchased a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 791 shares of the company’s stock, valued at approximately $28,000.

Separately, World Equity Group Inc. increased its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 9.7% during the 2nd quarter. World Equity Group Inc. now owns 13,164 shares of the company’s stock worth $464,000 after acquiring an additional 1,169 shares during the last quarter.

First Trust Dorsey Wright Dynamic Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF stock opened at $37.60 on Friday. The business has a fifty day simple moving average of $36.15 and a two-hundred day simple moving average of $35.06. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 1 year low of $30.39 and a 1 year high of $37.81. The company has a market capitalization of $150.40 million, a price-to-earnings ratio of 13.85 and a beta of 0.80.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.0524 per share. This represents a $0.21 annualized dividend and a dividend yield of 0.56%. The ex-dividend date was Thursday, September 26th.

First Trust Dorsey Wright Dynamic Focus 5 ETF Profile

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.