First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Shares Up 1.4% – Should You Buy?

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV)’s stock price traded up 1.4% on Friday . The company traded as high as $25.28 and last traded at $25.19. Approximately 13,865 shares were traded during mid-day trading, a decline of 64% from the average session volume of 38,572 shares. The stock had previously closed at $24.83.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

The firm has a market cap of $191.44 million, a P/E ratio of 13.24 and a beta of 0.75. The firm’s fifty day moving average price is $24.39 and its 200 day moving average price is $23.94.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a dividend of $0.1502 per share. This is an increase from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.07. This represents a $0.60 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, December 12th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in IFV. Genesee Capital Advisors LLC raised its holdings in First Trust Dorsey Wright International Focus 5 ETF by 1.0% in the second quarter. Genesee Capital Advisors LLC now owns 137,747 shares of the company’s stock worth $3,157,000 after purchasing an additional 1,356 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter worth approximately $125,000. Farther Finance Advisors LLC purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter worth approximately $77,000. Creative Capital Management Investments LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth approximately $29,000. Finally, Trueblood Wealth Management LLC raised its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 8.1% during the 2nd quarter. Trueblood Wealth Management LLC now owns 82,272 shares of the company’s stock worth $1,886,000 after acquiring an additional 6,162 shares in the last quarter.

About First Trust Dorsey Wright International Focus 5 ETF

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.