Harvest Investment Services LLC Takes $721,000 Position in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Harvest Investment Services LLC bought a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 19,734 shares of the company’s stock, valued at approximately $721,000. Harvest Investment Services LLC owned about 0.53% of First Trust Dorsey Wright Dynamic Focus 5 ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Independent Advisor Alliance purchased a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter valued at $243,000. Proactive Wealth Strategies LLC raised its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 6.0% in the fourth quarter. Proactive Wealth Strategies LLC now owns 8,206 shares of the company’s stock valued at $300,000 after buying an additional 465 shares during the last quarter. Arbor Capital Management Inc. ADV acquired a new stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the fourth quarter worth about $323,000. Atria Wealth Solutions Inc. grew its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 50.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 9,519 shares of the company’s stock worth $348,000 after buying an additional 3,209 shares during the last quarter. Finally, Jane Street Group LLC increased its position in First Trust Dorsey Wright Dynamic Focus 5 ETF by 266.9% in the 3rd quarter. Jane Street Group LLC now owns 29,598 shares of the company’s stock valued at $1,060,000 after acquiring an additional 21,531 shares during the period.

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

FVC opened at $34.22 on Wednesday. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 52 week low of $30.39 and a 52 week high of $39.21. The business has a 50 day moving average price of $35.42 and a two-hundred day moving average price of $36.50. The company has a market cap of $128.33 million, a PE ratio of 18.67 and a beta of 0.80.

First Trust Dorsey Wright Dynamic Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.1174 per share. The ex-dividend date was Thursday, March 27th. This is an increase from First Trust Dorsey Wright Dynamic Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.47 annualized dividend and a dividend yield of 1.37%.

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.