First Trust Dorsey Wright Dynamic Focus 5 ETF $FVC Stock Holdings Increased by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) by 3.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 329,537 shares of the company’s stock after purchasing an additional 11,855 shares during the quarter. Prospera Financial Services Inc owned 0.10% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $11,708,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Farther Finance Advisors LLC grew its position in First Trust Dorsey Wright Dynamic Focus 5 ETF by 466.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 839 shares of the company’s stock valued at $30,000 after buying an additional 691 shares in the last quarter. Chicago Partners Investment Group LLC bought a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the first quarter valued at approximately $233,000. Cetera Investment Advisers increased its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 14.0% during the first quarter. Cetera Investment Advisers now owns 8,744 shares of the company’s stock valued at $308,000 after acquiring an additional 1,075 shares during the period. Trueblood Wealth Management LLC increased its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 9.6% during the second quarter. Trueblood Wealth Management LLC now owns 16,580 shares of the company’s stock valued at $589,000 after acquiring an additional 1,458 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 76.5% during the second quarter. Janney Montgomery Scott LLC now owns 48,059 shares of the company’s stock worth $1,708,000 after purchasing an additional 20,835 shares in the last quarter.

First Trust Dorsey Wright Dynamic Focus 5 ETF Trading Up 0.3%

NASDAQ:FVC opened at $35.89 on Friday. The firm has a market cap of $109.45 million, a price-to-earnings ratio of 19.13 and a beta of 0.71. First Trust Dorsey Wright Dynamic Focus 5 ETF has a twelve month low of $31.90 and a twelve month high of $39.21. The company has a 50-day moving average of $36.09 and a 200-day moving average of $35.65.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a dividend of $0.2262 per share. This represents a $0.90 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Thursday, September 25th.

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.