Raymond James & Associates Sells 59,535 Shares of First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV)

Raymond James & Associates trimmed its stake in shares of First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV – Get Rating) by 18.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 265,339 shares of the company’s stock after selling 59,535 shares during the quarter. Raymond James & Associates owned approximately 2.34% of First Trust Dorsey Wright International Focus 5 ETF worth $4,439,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Vestmark Advisory Solutions Inc. grew its position in First Trust Dorsey Wright International Focus 5 ETF by 39.1% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 26,069 shares of the company’s stock worth $420,000 after acquiring an additional 7,331 shares during the last quarter. International Assets Investment Management LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth approximately $1,189,000. Onyx Bridge Wealth Group LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth approximately $2,225,000. Barnes Pettey Financial Advisors LLC grew its position in First Trust Dorsey Wright International Focus 5 ETF by 41.3% during the 4th quarter. Barnes Pettey Financial Advisors LLC now owns 52,679 shares of the company’s stock worth $881,000 after acquiring an additional 15,398 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth approximately $454,000.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

IFV opened at $17.61 on Wednesday. The firm has a market cap of $226.29 million, a price-to-earnings ratio of 8.29 and a beta of 0.95. First Trust Dorsey Wright International Focus 5 ETF has a 1 year low of $15.52 and a 1 year high of $20.21. The stock’s 50 day simple moving average is $17.60 and its 200 day simple moving average is $17.28.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 31st. Stockholders of record on Monday, March 27th were given a $0.027 dividend. The ex-dividend date of this dividend was Friday, March 24th. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.61%.

About First Trust Dorsey Wright International Focus 5 ETF

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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.