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

Concurrent Investment Advisors LLC bought a new stake in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,215,007 shares of the company’s stock, valued at approximately $32,723,000. Concurrent Investment Advisors LLC owned approximately 13.50% of First Trust Dorsey Wright International Focus 5 ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IFV. Advisory Services Network LLC bought a new stake in First Trust Dorsey Wright International Focus 5 ETF during the third quarter worth $30,000. Fifth Third Bancorp bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the 1st quarter valued at $73,000. Aptus Capital Advisors LLC lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 4,435.6% during the 4th quarter. Aptus Capital Advisors LLC now owns 4,082 shares of the company’s stock valued at $101,000 after acquiring an additional 3,992 shares in the last quarter. D.A. Davidson & CO. purchased a new position in First Trust Dorsey Wright International Focus 5 ETF during the 1st quarter worth $202,000. Finally, Quadrant Capital Group LLC purchased a new position in First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth $205,000.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

NASDAQ IFV opened at $26.17 on Friday. The company has a fifty day moving average price of $25.93 and a 200-day moving average price of $26.59. 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 1 year low of $23.19 and a 1 year high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.2505 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01.

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.