Cushing Capital Partners LLC Has $518,000 Position in First Trust Dorsey Wright International Focus 5 ETF $IFV

Cushing Capital Partners LLC increased its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) by 17.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 22,600 shares of the company’s stock after acquiring an additional 3,295 shares during the quarter. Cushing Capital Partners LLC’s holdings in First Trust Dorsey Wright International Focus 5 ETF were worth $518,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IFV. Creative Capital Management Investments LLC bought a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter valued at $29,000. Farther Finance Advisors LLC purchased a new position in First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth $77,000. Ameritas Advisory Services LLC purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter worth about $125,000. Freedom Investment Management Inc. purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter worth about $202,000. Finally, True Link Financial Advisors LLC bought a new stake in First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter valued at about $378,000.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright International Focus 5 ETF stock opened at $24.30 on Thursday. First Trust Dorsey Wright International Focus 5 ETF has a 52-week low of $16.88 and a 52-week high of $24.85. The stock’s 50-day simple moving average is $24.17 and its 200 day simple moving average is $22.57. The stock has a market capitalization of $178.61 million, a P/E ratio of 13.24 and a beta of 0.95.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.0689 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.28 annualized dividend and a yield of 1.1%.

First Trust Dorsey Wright International Focus 5 ETF 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.