First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its stake in shares of First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) by 58.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,114,213 shares of the company’s stock after selling 1,541,326 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 11.03% of First Trust Dorsey Wright International Focus 5 ETF worth $21,772,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Element Wealth LLC purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter worth approximately $31,000. Comerica Bank acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter valued at approximately $80,000. Credit Suisse AG acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth $107,000. Steward Partners Investment Advisory LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the 1st quarter worth $116,000. Finally, Cetera Investment Advisers acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth $170,000.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

Shares of IFV stock opened at $20.00 on Friday. The firm has a market capitalization of $198 million, a PE ratio of 7.96 and a beta of 0.95. The stock has a fifty day moving average of $19.53 and a two-hundred day moving average of $18.76. First Trust Dorsey Wright International Focus 5 ETF has a 1 year low of $16.80 and a 1 year high of $20.19.

First Trust Dorsey Wright International Focus 5 ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a dividend of $0.0733 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.29 annualized dividend and a yield of 1.47%.

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.