93,344 Shares of First Trust Dorsey Wright International Focus 5 ETF $IFV Bought by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC bought a new stake in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) during the third quarter, Holdings Channel reports. The institutional investor bought 93,344 shares of the company’s stock, valued at approximately $2,316,000. First Trust Dorsey Wright International Focus 5 ETF accounts for 0.7% of Genesee Capital Advisors LLC’s holdings, making the stock its 28th largest holding.

Other hedge funds have also made changes to their positions in the company. NewEdge Advisors LLC increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.4% during the second quarter. NewEdge Advisors LLC now owns 793,139 shares of the company’s stock valued at $21,361,000 after purchasing an additional 10,570 shares during the period. Concurrent Investment Advisors LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF in the second quarter worth $32,723,000. Bank of America Corp DE boosted its stake in First Trust Dorsey Wright International Focus 5 ETF by 9.4% during the first quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock worth $7,951,000 after buying an additional 26,919 shares in the last quarter. Royal Bank of Canada boosted its stake in First Trust Dorsey Wright International Focus 5 ETF by 126.9% during the first quarter. Royal Bank of Canada now owns 28,681 shares of the company’s stock worth $725,000 after buying an additional 16,040 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 19.5% in the 1st quarter. Cetera Investment Advisers now owns 71,721 shares of the company’s stock valued at $1,812,000 after buying an additional 11,706 shares in the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

Shares of NASDAQ:IFV traded up $0.07 during midday trading on Tuesday, reaching $24.11. 12,533 shares of the company’s stock were exchanged, compared to its average volume of 54,118. The company’s 50 day simple moving average is $25.50 and its two-hundred day simple moving average is $26.37. The firm has a market capitalization of $210.92 million, a PE ratio of 13.24 and a beta of 0.76. First Trust Dorsey Wright International Focus 5 ETF has a 12 month low of $23.19 and a 12 month high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.0940 per share. This is a drop from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.2505. The ex-dividend date was Thursday, September 24th. This represents a $0.38 annualized dividend and a dividend yield of 1.6%.

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.