Prospera Financial Services Inc Sells 34,543 Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Posted by Tyrone Williams on Nov 19th, 2024

Prospera Financial Services Inc trimmed its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC – Free Report) by 9.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 327,517 shares of the company’s stock after selling 34,543 shares during the quarter. Prospera Financial Services Inc owned about 8.19% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $11,731,000 as of its most recent filing with the SEC.

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

First Trust Dorsey Wright Dynamic Focus 5 ETF Price Performance

NASDAQ FVC opened at $36.51 on Tuesday. First Trust Dorsey Wright Dynamic Focus 5 ETF has a fifty-two week low of $30.39 and a fifty-two week high of $37.81. The business has a fifty day moving average price of $35.99 and a two-hundred day moving average price of $35.01. The stock has a market capitalization of $146.04 million, a PE ratio of 13.85 and a beta of 0.80.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0524 dividend. This represents a $0.21 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust Dorsey Wright Dynamic Focus 5 ETF Profile

(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.