Concurrent Investment Advisors LLC Increases Position in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV)

Concurrent Investment Advisors LLC grew its holdings in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) by 2.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 697,452 shares of the company’s stock after purchasing an additional 14,374 shares during the quarter. Concurrent Investment Advisors LLC owned about 7.62% of First Trust Dorsey Wright International Focus 5 ETF worth $14,676,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC acquired a new stake in First Trust Dorsey Wright International Focus 5 ETF during the second quarter worth about $87,000. Sanctuary Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter valued at approximately $294,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 83.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,455 shares of the company’s stock worth $29,000 after buying an additional 663 shares during the last quarter. PFG Investments LLC raised its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 3.4% during the 3rd quarter. PFG Investments LLC now owns 28,551 shares of the company’s stock valued at $601,000 after buying an additional 932 shares during the period. Finally, SageView Advisory Group LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF in the first quarter valued at approximately $99,000.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of NASDAQ:IFV traded down $0.25 during midday trading on Wednesday, reaching $19.87. 7,099 shares of the company’s stock were exchanged, compared to its average volume of 23,073. The firm’s 50 day simple moving average is $20.49 and its two-hundred day simple moving average is $20.08. First Trust Dorsey Wright International Focus 5 ETF has a fifty-two week low of $17.54 and a fifty-two week high of $21.38. The stock has a market cap of $181.81 million, a price-to-earnings ratio of 8.65 and a beta of 0.95.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.0337 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.13 annualized dividend and a dividend yield of 0.68%.

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.