First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Shares Down 0.5% – Time to Sell?

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was down 0.5% during mid-day trading on Monday. The company traded as low as $23.98 and last traded at $24.03. Approximately 10,256 shares were traded during mid-day trading, a decline of 81% from the average session volume of 54,329 shares. The stock had previously closed at $24.15.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 0.0%

The business has a 50-day moving average price of $25.46 and a 200-day moving average price of $26.36. The firm has a market cap of $212.26 million, a P/E ratio of 13.24 and a beta of 0.76.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.0940 dividend. This is a decrease from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.2505. This represents a $0.38 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, September 24th.

Hedge Funds Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% in the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock valued at $19,776,000 after acquiring an additional 261,757 shares during the last quarter. PFG Investments LLC increased its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 163.7% in the first quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock worth $2,021,000 after acquiring an additional 49,649 shares during the period. Genesee Capital Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the third quarter worth $2,316,000. Concurrent Investment Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the second quarter worth $32,723,000. Finally, Bank of America Corp DE raised its holdings in shares of 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 purchasing an additional 26,919 shares during the last quarter.

About First Trust Dorsey Wright International Focus 5 ETF

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.