First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Update

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFVGet Free Report) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 2,688 shares, a decrease of 90.2% from the May 31st total of 27,551 shares. Based on an average trading volume of 46,682 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

IFV stock traded down $0.40 during mid-day trading on Friday, reaching $26.52. The company had a trading volume of 5,102 shares, compared to its average volume of 57,659. The stock has a 50 day simple moving average of $27.62 and a two-hundred day simple moving average of $26.52. The company has a market capitalization of $237.35 million, a price-to-earnings ratio of 13.24 and a beta of 0.74. First Trust Dorsey Wright International Focus 5 ETF has a 52 week low of $22.58 and a 52 week high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be given a dividend of $0.2505 per share. This represents a $1.00 annualized dividend and a yield of 3.8%. This is a boost from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 25th.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

A number of institutional investors have recently modified their holdings of the stock. Wells Fargo & Company MN raised its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 51.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,094,834 shares of the company’s stock valued at $27,185,000 after buying an additional 370,415 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% during the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock worth $19,776,000 after buying an additional 261,757 shares during the last quarter. Raymond James Financial Inc. boosted its stake in First Trust Dorsey Wright International Focus 5 ETF by 1.0% in the third quarter. Raymond James Financial Inc. now owns 319,121 shares of the company’s stock valued at $7,812,000 after buying an additional 3,079 shares in the last quarter. Bank of America Corp DE grew its position in First Trust Dorsey Wright International Focus 5 ETF by 9.4% in the first quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock valued at $7,951,000 after acquiring an additional 26,919 shares during the last quarter. Finally, UBS Group AG grew its position in First Trust Dorsey Wright International Focus 5 ETF by 27.7% in the fourth quarter. UBS Group AG now owns 166,595 shares of the company’s stock valued at $4,137,000 after acquiring an additional 36,171 shares during the last quarter.

About First Trust Dorsey Wright International Focus 5 ETF

(Get Free Report)

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.

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