Arbor Capital Management Inc. ADV Takes Position in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Arbor Capital Management Inc. ADV acquired a new position in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVCFree Report) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 8,599 shares of the company’s stock, valued at approximately $323,000.

A number of other hedge funds have also recently added to or reduced their stakes in FVC. Prospera Private Wealth LLC acquired a new position in First Trust Dorsey Wright Dynamic Focus 5 ETF in the third quarter worth approximately $28,000. Jane Street Group LLC increased its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 266.9% in the third quarter. Jane Street Group LLC now owns 29,598 shares of the company’s stock worth $1,060,000 after buying an additional 21,531 shares during the last quarter. Atria Wealth Solutions Inc. increased its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 50.9% in 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. Proactive Wealth Strategies LLC increased its holdings in 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 worth $300,000 after buying an additional 465 shares during the last quarter. Finally, Global Retirement Partners LLC increased its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 14,279.5% in the fourth quarter. Global Retirement Partners LLC now owns 30,197 shares of the company’s stock worth $1,104,000 after buying an additional 29,987 shares during the last quarter.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

NASDAQ:FVC opened at $35.25 on Monday. The stock’s 50 day moving average price is $36.90 and its 200 day moving average price is $36.57. 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 company has a market capitalization of $132.19 million, a P/E ratio of 18.48 and a beta of 0.80.

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.

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Institutional Ownership by Quarter for First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

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