Raymond James Financial Inc. Takes Position in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

Raymond James Financial Inc. acquired a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,568 shares of the company’s stock, valued at approximately $479,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RFEM. GAMMA Investing LLC increased its position in First Trust RiverFront Dynamic Emerging Markets ETF by 26.2% during the fourth quarter. GAMMA Investing LLC now owns 1,932 shares of the company’s stock worth $122,000 after buying an additional 401 shares in the last quarter. Maia Wealth LLC boosted its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 36.3% during the fourth quarter. Maia Wealth LLC now owns 4,519 shares of the company’s stock valued at $284,000 after acquiring an additional 1,203 shares during the last quarter. Capasso Planning Partners LLC purchased a new stake in First Trust RiverFront Dynamic Emerging Markets ETF during the 3rd quarter worth about $471,000. World Investment Advisors LLC acquired a new position in First Trust RiverFront Dynamic Emerging Markets ETF in the 3rd quarter valued at about $552,000. Finally, J.W. Cole Advisors Inc. lifted its holdings in First Trust RiverFront Dynamic Emerging Markets ETF by 1.3% in the 4th quarter. J.W. Cole Advisors Inc. now owns 26,387 shares of the company’s stock valued at $1,670,000 after purchasing an additional 327 shares in the last quarter.

First Trust RiverFront Dynamic Emerging Markets ETF Price Performance

First Trust RiverFront Dynamic Emerging Markets ETF stock opened at $58.63 on Tuesday. The firm’s 50-day moving average is $65.22 and its two-hundred day moving average is $65.20. The stock has a market capitalization of $26.38 million, a P/E ratio of 10.04 and a beta of 0.83. First Trust RiverFront Dynamic Emerging Markets ETF has a 12-month low of $58.11 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.