First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Trading 0.8% Higher – Should You Buy?

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV)’s share price traded up 0.8% during trading on Monday . The company traded as high as $26.91 and last traded at $26.68. 38,391 shares traded hands during trading, a decline of 35% from the average session volume of 59,481 shares. The stock had previously closed at $26.46.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

The firm has a market capitalization of $218.78 million, a price-to-earnings ratio of 13.24 and a beta of 0.75. The business’s 50-day moving average is $24.85 and its two-hundred day moving average is $24.33.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.1502 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.3%. This is a positive change from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.07. The ex-dividend date was Friday, December 12th.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisory Services Network LLC acquired a new stake in First Trust Dorsey Wright International Focus 5 ETF in the 3rd quarter valued at about $30,000. Creative Capital Management Investments LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the second quarter worth approximately $29,000. Founders Financial Alliance LLC raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 62.4% in the third quarter. Founders Financial Alliance LLC now owns 1,626 shares of the company’s stock valued at $40,000 after buying an additional 625 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at approximately $77,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at approximately $125,000.

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.