Concurrent Investment Advisors LLC Makes New $32.72 Million Investment in First Trust Dorsey Wright International Focus 5 ETF $IFV

Concurrent Investment Advisors LLC acquired a new stake in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFVFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,215,007 shares of the company’s stock, valued at approximately $32,723,000. Concurrent Investment Advisors LLC owned 0.14% of First Trust Dorsey Wright International Focus 5 ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IFV. Wells Fargo & Company MN raised its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 51.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,094,834 shares of the company’s stock worth $27,185,000 after purchasing an additional 370,415 shares during the period. NewEdge Advisors LLC grew its position in First Trust Dorsey Wright International Focus 5 ETF by 50.3% during the first quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock valued at $19,776,000 after buying an additional 261,757 shares during the period. Jane Street Group LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the second quarter valued at about $2,128,000. Wagner Wealth Management Corp purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF during the fourth quarter worth about $1,580,000. Finally, PFG Investments LLC increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 163.7% during the first quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock worth $2,021,000 after buying an additional 49,649 shares during the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

Shares of IFV stock opened at $26.17 on Friday. The firm has a market cap of $235.53 million, a price-to-earnings ratio of 13.24 and a beta of 0.76. First Trust Dorsey Wright International Focus 5 ETF has a 52 week low of $23.19 and a 52 week high of $28.70. The firm’s 50-day simple moving average is $25.93 and its two-hundred day simple moving average is $26.59.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

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

First Trust Dorsey Wright International Focus 5 ETF Company Profile

(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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Institutional Ownership by Quarter for First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV)

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