Flow Traders U.S. LLC Has $2 Million Holdings in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

Flow Traders U.S. LLC cut its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) by 46.0% in the third quarter, Holdings Channel reports. The firm owned 29,331 shares of the company’s stock after selling 24,981 shares during the period. Flow Traders U.S. LLC owned 0.07% of First Trust RiverFront Dynamic Emerging Markets ETF worth $1,999,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in First Trust RiverFront Dynamic Emerging Markets ETF in the second quarter valued at approximately $62,000. Maia Wealth LLC bought a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the 3rd quarter valued at $218,000. Finally, J.W. Cole Advisors Inc. lifted its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 7.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 26,060 shares of the company’s stock valued at $1,776,000 after purchasing an additional 1,842 shares during the last quarter.

First Trust RiverFront Dynamic Emerging Markets ETF Price Performance

First Trust RiverFront Dynamic Emerging Markets ETF stock opened at $64.34 on Monday. First Trust RiverFront Dynamic Emerging Markets ETF has a one year low of $56.19 and a one year high of $70.20. The company’s fifty day moving average price is $66.17 and its two-hundred day moving average price is $65.55. The company has a market capitalization of $28.95 million, a price-to-earnings ratio of 7.49 and a beta of 0.83.

First Trust RiverFront Dynamic Emerging Markets ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.3293 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend was Thursday, September 26th.

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.