First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) Trading 0.8% Higher

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)’s stock price traded up 0.8% during trading on Monday . The stock traded as high as $62.34 and last traded at $62.29. 572 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 1,207 shares. The stock had previously closed at $61.81.

First Trust RiverFront Dynamic Emerging Markets ETF Stock Up 0.8 %

The company’s 50 day moving average price is $60.51 and its 200-day moving average price is $57.50. The stock has a market cap of $37.37 million, a P/E ratio of 5.09 and a beta of 0.83.

Hedge Funds Weigh In On First Trust RiverFront Dynamic Emerging Markets ETF

Several large investors have recently modified their holdings of the business. OLD Mission Capital LLC increased its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 268.2% during the fourth quarter. OLD Mission Capital LLC now owns 87,778 shares of the company’s stock worth $5,191,000 after buying an additional 63,939 shares during the period. Kesler Norman & Wride LLC acquired a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the third quarter worth $1,677,000. Flow Traders U.S. LLC increased its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 117.7% during the fourth quarter. Flow Traders U.S. LLC now owns 41,012 shares of the company’s stock worth $2,079,000 after buying an additional 22,169 shares during the period. Jane Street Group LLC increased its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 96.9% during the third quarter. Jane Street Group LLC now owns 35,569 shares of the company’s stock worth $1,638,000 after buying an additional 17,501 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the fourth quarter worth $678,000.

About First Trust RiverFront Dynamic Emerging Markets ETF

The First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is an exchange-traded fund that is based on the Benchmark for RFEM Fund index. The fund is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.