First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) Stock Price Up 0.9% – Still a Buy?

First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU)’s share price rose 0.9% during trading on Monday . The stock traded as high as $65.99 and last traded at $65.79. Approximately 642 shares were traded during mid-day trading, an increase of 133% from the average daily volume of 275 shares. The stock had previously closed at $65.22.

First Trust RiverFront Dynamic Europe ETF Stock Up 0.1 %

The company has a 50 day moving average of $62.39 and a 200 day moving average of $63.33. The stock has a market capitalization of $6.61 million, a price-to-earnings ratio of 11.34 and a beta of 0.95.

Institutional Investors Weigh In On First Trust RiverFront Dynamic Europe ETF

An institutional investor recently raised its position in First Trust RiverFront Dynamic Europe ETF stock. Jane Street Group LLC raised its holdings in shares of First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) by 13.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,051 shares of the company’s stock after purchasing an additional 465 shares during the quarter. Jane Street Group LLC owned 4.05% of First Trust RiverFront Dynamic Europe ETF worth $240,000 at the end of the most recent quarter.

First Trust RiverFront Dynamic Europe ETF Company Profile

The First Trust RiverFront Dynamic Europe ETF (RFEU) is an exchange-traded fund that is based on the FTSE Developed Europe All Cap index. The fund is an actively-managed fund that seeks capital appreciation from developed European stocks selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.