First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) Trading Down 1% – Should You Sell?

Posted by Donald Scott on May 8th, 2026

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL – Get Free Report)’s share price fell 1% during mid-day trading on Thursday . The stock traded as low as $36.43 and last traded at $36.43. 1,185 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 11,362 shares. The stock had previously closed at $36.80.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Down 1.0%

The company has a market capitalization of $72.86 million, a P/E ratio of 24.91 and a beta of 0.78. The firm has a fifty day simple moving average of $35.71 and a 200-day simple moving average of $35.55.

First Trust Dorsey Wright Momentum & Low Volatility ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a dividend of $0.0292 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Advisory Services Network LLC bought a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF during the third quarter worth about $39,000. O Shaughnessy Asset Management LLC bought a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF during the fourth quarter worth about $111,000. Envestnet Asset Management Inc. bought a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF during the third quarter worth about $201,000. Fifth Third Bancorp bought a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF during the first quarter worth about $342,000. Finally, Warner Group LLC bought a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF during the third quarter worth about $346,000.

About First Trust Dorsey Wright Momentum & Low Volatility ETF

(Get Free Report)

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. DVOL was launched on Sep 5, 2018 and is managed by First Trust.