First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Trading 0.1% Higher – Should You Buy?

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVCGet Free Report)’s share price rose 0.1% during trading on Monday . The stock traded as high as $37.46 and last traded at $37.42. Approximately 2,706 shares traded hands during trading, a decline of 66% from the average daily volume of 7,955 shares. The stock had previously closed at $37.37.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

The stock has a market cap of $102.91 million, a price-to-earnings ratio of 19.13 and a beta of 0.67. The company’s 50 day simple moving average is $36.33 and its 200 day simple moving average is $36.61.

Hedge Funds Weigh In On First Trust Dorsey Wright Dynamic Focus 5 ETF

Several large investors have recently bought and sold shares of FVC. Jane Street Group LLC acquired a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter worth approximately $535,000. Sun Financial Inc acquired a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter worth approximately $861,000. Holos Integrated Wealth LLC acquired a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter worth approximately $279,000. Susquehanna International Group LLP grew its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 375.6% in the 3rd quarter. Susquehanna International Group LLP now owns 28,196 shares of the company’s stock worth $1,017,000 after purchasing an additional 22,268 shares during the last quarter. Finally, Mariner LLC grew its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 4.9% in the 3rd quarter. Mariner LLC now owns 25,883 shares of the company’s stock worth $934,000 after purchasing an additional 1,213 shares during the last quarter.

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. FVC was launched on Mar 18, 2016 and is managed by First Trust.

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