First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Trading Down 0.8%

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV – Get Rating) shares fell 0.8% during mid-day trading on Wednesday . The company traded as low as $17.44 and last traded at $17.47. 25,811 shares were traded during trading, a decline of 60% from the average session volume of 64,629 shares. The stock had previously closed at $17.61.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

The company has a market cap of $226.67 million, a price-to-earnings ratio of 8.29 and a beta of 0.95. The business’s 50-day simple moving average is $17.70 and its 200-day simple moving average is $17.32.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 31st. Stockholders of record on Monday, March 27th were given a $0.027 dividend. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date of this dividend was Friday, March 24th.

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

Institutional investors have recently bought and sold shares of the stock. Credit Suisse AG purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at approximately $107,000. Steward Partners Investment Advisory LLC purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF during the first quarter worth approximately $116,000. Cetera Investment Advisers purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF during the fourth quarter worth approximately $170,000. Envestnet Asset Management Inc. purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF during the third quarter worth approximately $226,000. Finally, Kestra Advisory Services LLC grew its stake in First Trust Dorsey Wright International Focus 5 ETF by 9.1% during the fourth quarter. Kestra Advisory Services LLC now owns 16,389 shares of the company’s stock worth $274,000 after buying an additional 1,372 shares during the period.

About First Trust Dorsey Wright International Focus 5 ETF

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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.