Smith Moore & CO. Has $706,000 Position in First Trust Dorsey Wright International Focus 5 ETF $IFV

Smith Moore & CO. boosted its position in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) by 213.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 28,426 shares of the company’s stock after purchasing an additional 19,351 shares during the quarter. Smith Moore & CO.’s holdings in First Trust Dorsey Wright International Focus 5 ETF were worth $706,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 1.0% in the 3rd 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 in the last quarter. Bank of America Corp DE increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 14.6% in 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 in the last quarter. UBS Group AG increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 44.6% in the 3rd quarter. UBS Group AG now owns 130,424 shares of the company’s stock worth $3,193,000 after purchasing an additional 40,231 shares in the last quarter. NewEdge Advisors LLC increased its holdings 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 worth $2,792,000 after purchasing an additional 19,824 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter worth about $2,128,000.

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

Shares of IFV opened at $27.01 on Tuesday. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $19.62 and a 12-month high of $27.98. The business has a 50-day simple moving average of $26.32 and a two-hundred day simple moving average of $25.34. The stock has a market cap of $236.34 million, a PE ratio of 13.24 and a beta of 0.72.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.0087 dividend. This represents a $0.03 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, March 26th.

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.