First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Raises Dividend to $0.15 Per Share

by · The Markets Daily

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV – Get Free Report) declared a quarterly dividend on Thursday, December 11th, NASDAQ Dividends reports. Shareholders of record on Friday, December 12th will be given a dividend of 0.1502 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Friday, December 12th. This is a 118.0% increase from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.07.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of NASDAQ IFV traded down $0.27 during mid-day trading on Friday, reaching $24.30. 2,119 shares of the company’s stock traded hands, compared to its average volume of 39,667. The business has a 50-day simple moving average of $24.30 and a 200 day simple moving average of $23.68. The stock has a market cap of $179.82 million, a P/E ratio of 13.24 and a beta of 0.75. First Trust Dorsey Wright International Focus 5 ETF has a 1-year low of $16.88 and a 1-year high of $25.05.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of IFV. Jane Street Group LLC bought a new stake in First Trust Dorsey Wright International Focus 5 ETF during the second quarter worth $2,128,000. Bank of America Corp DE lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 24.9% during the 2nd quarter. Bank of America Corp DE now owns 216,181 shares of the company’s stock valued at $4,955,000 after acquiring an additional 43,127 shares in the last quarter. UBS Group AG grew its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 44.6% in the 3rd quarter. UBS Group AG now owns 130,424 shares of the company’s stock worth $3,193,000 after acquiring an additional 40,231 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the 3rd quarter worth $878,000. Finally, NewEdge Advisors LLC raised its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 19.4% in the second quarter. NewEdge Advisors LLC now owns 121,812 shares of the company’s stock valued at $2,792,000 after purchasing an additional 19,824 shares during the last quarter.

About First Trust Dorsey Wright International Focus 5 ETF

(Get Free Report)

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.

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