Commonwealth Equity Services LLC Decreases Holdings in First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU)

Commonwealth Equity Services LLC trimmed its stake in shares of First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) by 7.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 213,762 shares of the company’s stock after selling 16,758 shares during the quarter. Commonwealth Equity Services LLC owned 0.21% of First Trust Dorsey Wright Momentum & Value ETF worth $6,228,000 at the end of the most recent quarter.

First Trust Dorsey Wright Momentum & Value ETF Stock Performance

Shares of DVLU stock opened at $28.39 on Friday. The firm has a market cap of $28.39 million, a P/E ratio of 14.12 and a beta of 1.18. First Trust Dorsey Wright Momentum & Value ETF has a fifty-two week low of $27.19 and a fifty-two week high of $33.06. The business’s 50 day moving average price is $29.85 and its 200-day moving average price is $30.42.

First Trust Dorsey Wright Momentum & Value ETF 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.