First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) Trading Down 0.3%

Shares of First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) dropped 0.3% on Thursday . The company traded as low as $27.81 and last traded at $27.81. Approximately 608 shares traded hands during trading, a decline of 84% from the average daily volume of 3,789 shares. The stock had previously closed at $27.91.

First Trust Dorsey Wright Momentum & Value ETF Stock Down 0.3 %

The company has a market cap of $25.03 million, a PE ratio of 7.94 and a beta of 1.18. The firm has a 50 day simple moving average of $28.33 and a 200-day simple moving average of $25.64.

First Trust Dorsey Wright Momentum & Value ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a $0.0424 dividend. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date was Thursday, March 21st.

Institutional Investors Weigh In On First Trust Dorsey Wright Momentum & Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in shares of First Trust Dorsey Wright Momentum & Value ETF during the 1st quarter valued at $948,000. Citadel Advisors LLC acquired a new stake in First Trust Dorsey Wright Momentum & Value ETF in the fourth quarter worth about $927,000. Private Advisory Group LLC grew its stake in shares of First Trust Dorsey Wright Momentum & Value ETF by 87.0% during the first quarter. Private Advisory Group LLC now owns 64,372 shares of the company’s stock worth $1,647,000 after acquiring an additional 29,951 shares during the last quarter. Susquehanna International Group LLP increased its holdings in shares of First Trust Dorsey Wright Momentum & Value ETF by 27.5% during the first quarter. Susquehanna International Group LLP now owns 34,674 shares of the company’s stock valued at $769,000 after acquiring an additional 7,470 shares in the last quarter. Finally, UBS Group AG acquired a new position in shares of First Trust Dorsey Wright Momentum & Value ETF during the fourth quarter valued at about $63,000.

First Trust Dorsey Wright Momentum & Value ETF Company Profile

The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Value index. The fund tracks an index of 50 large- and mid-cap value stocks exhibiting relative strength. Holdings are weighted by value metrics. DVLU was launched on Sep 5, 2018 and is managed by First Trust.