First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Shares Up 2% – What’s Next?

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV)’s stock price was up 2% during trading on Monday . The stock traded as high as $25.16 and last traded at $24.90. Approximately 23,214 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 60,611 shares. The stock had previously closed at $24.42.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 2.0%

The business’s 50 day moving average price is $26.54 and its 200-day moving average price is $25.19. The company has a market cap of $205.43 million, a price-to-earnings ratio of 13.24 and a beta of 0.75.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IFV. Wells Fargo & Company MN boosted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 51.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,094,834 shares of the company’s stock worth $27,185,000 after acquiring an additional 370,415 shares during the period. Raymond James Financial Inc. increased its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.0% during the third quarter. Raymond James Financial Inc. now owns 319,121 shares of the company’s stock worth $7,812,000 after purchasing an additional 3,079 shares during the period. Bank of America Corp DE lifted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 14.6% during the 3rd quarter. Bank of America Corp DE now owns 247,804 shares of the company’s stock worth $6,066,000 after purchasing an additional 31,623 shares during the last quarter. UBS Group AG lifted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 27.7% during the 4th quarter. UBS Group AG now owns 166,595 shares of the company’s stock worth $4,137,000 after purchasing an additional 36,171 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in First Trust Dorsey Wright International Focus 5 ETF by 19.4% in the 2nd 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 period.

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.