Concurrent Investment Advisors LLC Purchases 349 Shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL)

Concurrent Investment Advisors LLC boosted its position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) by 4.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 8,155 shares of the company’s stock after acquiring an additional 349 shares during the period. Concurrent Investment Advisors LLC’s holdings in First Trust Dorsey Wright Momentum & Low Volatility ETF were worth $276,000 at the end of the most recent reporting period.

Separately, Global Retirement Partners LLC purchased a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF in the fourth quarter valued at $233,000.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Up 0.5 %

DVOL stock opened at $35.52 on Wednesday. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 52 week low of $29.05 and a 52 week high of $36.62. The firm has a market capitalization of $58.61 million, a P/E ratio of 22.91 and a beta of 0.80. The company has a fifty day simple moving average of $34.83 and a two-hundred day simple moving average of $34.22.

First Trust Dorsey Wright Momentum & Low Volatility ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1082 per share. The ex-dividend date was Friday, December 13th.

First Trust Dorsey Wright Momentum & Low Volatility ETF Profile

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.