RiverFront Investment Group LLC Sells 3,625 Shares of First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

RiverFront Investment Group LLC decreased its position in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,980 shares of the company’s stock after selling 3,625 shares during the period. RiverFront Investment Group LLC owned approximately 17.77% of First Trust RiverFront Dynamic Emerging Markets ETF worth $5,062,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Hilltop Holdings Inc. lifted its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 2.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 10,022 shares of the company’s stock valued at $683,000 after purchasing an additional 219 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 1.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 26,387 shares of the company’s stock worth $1,670,000 after buying an additional 327 shares in the last quarter. GAMMA Investing LLC grew its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 26.2% during the 4th quarter. GAMMA Investing LLC now owns 1,932 shares of the company’s stock worth $122,000 after buying an additional 401 shares during the period. World Investment Advisors LLC bought a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the 3rd quarter valued at $552,000. Finally, Capasso Planning Partners LLC acquired a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the 3rd quarter valued at $471,000.

First Trust RiverFront Dynamic Emerging Markets ETF Stock Down 2.0 %

Shares of NASDAQ RFEM opened at $65.21 on Friday. The firm has a market cap of $29.34 million, a PE ratio of 10.04 and a beta of 0.83. The company’s fifty day simple moving average is $65.25 and its 200 day simple moving average is $65.29. First Trust RiverFront Dynamic Emerging Markets ETF has a 12-month low of $58.94 and a 12-month high of $70.20.

First Trust RiverFront Dynamic Emerging Markets ETF Company Profile

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.