First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Shares Down 0.5% – Here’s What Happened

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) shares traded down 0.5% during trading on Monday. The company traded as low as $23.98 and last traded at $24.03. Approximately 10,256 shares were traded during mid-day trading, a decline of 81% from the average session volume of 54,329 shares. The stock had previously closed at $24.15.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

The firm has a market cap of $210.26 million, a price-to-earnings ratio of 13.24 and a beta of 0.76. The company has a fifty day moving average price of $25.50 and a two-hundred day moving average price of $26.37.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a dividend of $0.0940 per share. The ex-dividend date of this dividend was Thursday, September 24th. This is a decrease from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.2505. This represents a $0.38 dividend on an annualized basis and a yield of 1.6%.

Institutional Investors Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IFV. Rockefeller Capital Management L.P. raised its position in First Trust Dorsey Wright International Focus 5 ETF by 2.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 43,584 shares of the company’s stock worth $1,082,000 after acquiring an additional 936 shares in the last quarter. Fifth Third Bancorp acquired a new stake in First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter valued at about $73,000. Kestra Advisory Services LLC boosted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 23.3% during the 1st quarter. Kestra Advisory Services LLC now owns 23,235 shares of the company’s stock valued at $587,000 after purchasing an additional 4,387 shares in the last quarter. D.A. Davidson & CO. bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 1st quarter valued at about $202,000. Finally, NewEdge Advisors LLC boosted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.4% during the 2nd quarter. NewEdge Advisors LLC now owns 793,139 shares of the company’s stock valued at $21,361,000 after purchasing an additional 10,570 shares in the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.