Geneos Wealth Management Inc. Has $767,000 Position in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Posted by Defense World Staff on Apr 14th, 2023

Geneos Wealth Management Inc. decreased its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC – Get Rating) by 5.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,895 shares of the company’s stock after selling 1,194 shares during the quarter. Geneos Wealth Management Inc. owned about 0.28% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $767,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mariner LLC grew its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF by 9.2% during the first quarter. Mariner LLC now owns 135,436 shares of the company’s stock worth $4,964,000 after purchasing an additional 11,428 shares during the period. Atria Wealth Solutions Inc. bought a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF in the first quarter valued at $231,000. Captrust Financial Advisors bought a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF in the 1st quarter valued at about $44,000. Eqis Capital Management Inc. increased its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 17.2% during the first quarter. Eqis Capital Management Inc. now owns 16,998 shares of the company’s stock valued at $623,000 after acquiring an additional 2,493 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 64.5% during the first quarter. Royal Bank of Canada now owns 62,243 shares of the company’s stock worth $2,281,000 after buying an additional 24,406 shares during the last quarter.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

FVC stock opened at $32.70 on Friday. The company has a market capitalization of $251.79 million, a P/E ratio of 10.63 and a beta of 0.80. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 52-week low of $30.12 and a 52-week high of $38.63. The business has a 50-day simple moving average of $33.90 and a two-hundred day simple moving average of $34.76.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 31st. Stockholders of record on Monday, March 27th were paid a $0.153 dividend. The ex-dividend date was Friday, March 24th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.87%.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company Profile

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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.