First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Trading Down 1.6% – What’s Next?

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)’s share price traded down 1.6% during mid-day trading on Monday . The company traded as low as $33.81 and last traded at $33.81. 925 shares changed hands during trading, a decline of 88% from the average session volume of 7,585 shares. The stock had previously closed at $34.36.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Up 0.9%

The company’s 50 day moving average price is $36.93 and its 200 day moving average price is $36.60. The firm has a market capitalization of $100.18 million, a price-to-earnings ratio of 19.13 and a beta of 0.71.

Institutional Trading of First Trust Dorsey Wright Dynamic Focus 5 ETF

Several large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. raised its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 62.0% in the second quarter. Raymond James Financial Inc. now owns 348,035 shares of the company’s stock worth $12,366,000 after purchasing an additional 133,233 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 146.9% in the 2nd quarter. Geneos Wealth Management Inc. now owns 32,160 shares of the company’s stock worth $1,143,000 after buying an additional 19,137 shares during the period. Global Retirement Partners LLC raised its position in First Trust Dorsey Wright Dynamic Focus 5 ETF by 8.2% during the 3rd quarter. Global Retirement Partners LLC now owns 31,820 shares of the company’s stock worth $1,148,000 after buying an additional 2,419 shares during the last quarter. Susquehanna International Group LLP raised its position in First Trust Dorsey Wright Dynamic Focus 5 ETF by 375.6% during the 3rd quarter. Susquehanna International Group LLP now owns 28,196 shares of the company’s stock worth $1,017,000 after buying an additional 22,268 shares during the last quarter. Finally, Mariner LLC lifted its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF by 4.9% during the 3rd quarter. Mariner LLC now owns 25,883 shares of the company’s stock valued at $934,000 after acquiring an additional 1,213 shares during the period.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company 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. FVC was launched on Mar 18, 2016 and is managed by First Trust.