Prospera Private Wealth LLC Invests $28,000 in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Prospera Private Wealth LLC purchased a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 791 shares of the company’s stock, valued at approximately $28,000.

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

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Up 0.7 %

Shares of NASDAQ:FVC opened at $37.60 on Friday. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 12-month low of $30.39 and a 12-month high of $37.81. The company’s 50 day moving average price is $36.15 and its two-hundred day moving average price is $35.06. The firm has a market cap of $150.40 million, a PE ratio of 13.85 and a beta of 0.80.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

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

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.