Farther Finance Advisors LLC Invests $35,000 in First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL)

Farther Finance Advisors LLC acquired a new position in First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,025 shares of the company’s stock, valued at approximately $35,000. Farther Finance Advisors LLC owned about 0.06% of First Trust Dorsey Wright Momentum & Low Volatility ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in DVOL. Private Trust Co. NA purchased a new stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF in the 4th quarter valued at approximately $223,000. Global Retirement Partners LLC purchased a new stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF in the 4th quarter valued at approximately $233,000. Concurrent Investment Advisors LLC increased its position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF by 4.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 8,155 shares of the company’s stock valued at $276,000 after purchasing an additional 349 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF in the 4th quarter valued at approximately $5,011,000.

First Trust Dorsey Wright Momentum & Low Volatility ETF Price Performance

Shares of NASDAQ:DVOL opened at $34.83 on Monday. The stock has a market cap of $57.47 million, a P/E ratio of 23.87 and a beta of 0.80. The firm has a fifty day moving average price of $35.21 and a 200 day moving average price of $34.59. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 1-year low of $29.05 and a 1-year high of $36.62.

About First Trust Dorsey Wright Momentum & Low Volatility ETF

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.