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

Genesee Capital Advisors LLC acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 93,344 shares of the company’s stock, valued at approximately $2,316,000. First Trust Dorsey Wright International Focus 5 ETF accounts for about 0.7% of Genesee Capital Advisors LLC’s portfolio, making the stock its 28th largest position. Genesee Capital Advisors LLC owned 1.07% of First Trust Dorsey Wright International Focus 5 ETF as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IFV. Concurrent Investment Advisors LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at $32,723,000. NewEdge Advisors LLC boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% during the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock valued at $19,776,000 after buying an additional 261,757 shares during the last quarter. PFG Investments LLC boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 163.7% during the 1st quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock valued at $2,021,000 after buying an additional 49,649 shares during the last quarter. Bank of America Corp DE grew its position 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 buying an additional 26,919 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of 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.

First Trust Dorsey Wright International Focus 5 ETF Stock Up 0.3%

Shares of IFV traded up $0.07 during midday trading on Tuesday, hitting $24.11. The company had a trading volume of 12,533 shares, compared to its average volume of 54,118. The stock has a market cap of $210.92 million, a price-to-earnings ratio of 13.24 and a beta of 0.76. The company’s 50 day moving average price is $25.50 and its 200 day moving average price is $26.37. First Trust Dorsey Wright International Focus 5 ETF has a 52 week low of $23.19 and a 52 week high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The business also recently disclosed 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. The ex-dividend date was Thursday, September 24th. This represents a $0.38 dividend on an annualized basis and a yield of 1.6%. This is a decrease from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.2505.

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.