First Trust Dorsey Wright International Focus 5 ETF (IFV) To Go Ex-Dividend on September 24th

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of $0.0940 per share on Wednesday, September 30th. This represents a $0.38 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 62.5% decrease from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.2505.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 0.9%

Shares of NASDAQ IFV opened at $25.18 on Friday. The stock has a fifty day simple moving average of $25.81 and a two-hundred day simple moving average of $26.45. First Trust Dorsey Wright International Focus 5 ETF has a 1-year low of $23.19 and a 1-year high of $28.70. The firm has a market cap of $225.36 million, a price-to-earnings ratio of 13.24 and a beta of 0.76.

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

Several institutional investors have recently added to or reduced their stakes in IFV. NewEdge Advisors LLC increased its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.4% in the 2nd quarter. NewEdge Advisors LLC now owns 793,139 shares of the company’s stock worth $21,361,000 after buying an additional 10,570 shares during the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth $32,723,000. Bank of America Corp DE lifted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 9.4% during the 1st quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock worth $7,951,000 after acquiring an additional 26,919 shares during the last quarter. Royal Bank of Canada grew its position in First Trust Dorsey Wright International Focus 5 ETF by 126.9% in the first quarter. Royal Bank of Canada now owns 28,681 shares of the company’s stock worth $725,000 after acquiring an additional 16,040 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in First Trust Dorsey Wright International Focus 5 ETF by 19.5% in the first quarter. Cetera Investment Advisers now owns 71,721 shares of the company’s stock worth $1,812,000 after acquiring an additional 11,706 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.