Small Cap US Equity Select ETF (NASDAQ:RNSC) Trading 1.1% Higher – What’s Next?

Shares of Small Cap US Equity Select ETF (NASDAQ:RNSC) shot up 1.1% during trading on Friday . The stock traded as high as $30.64 and last traded at $30.51. 3,153 shares changed hands during trading, a decline of 46% from the average session volume of 5,835 shares. The stock had previously closed at $30.17.

Small Cap US Equity Select ETF Price Performance

The firm has a market cap of $26.22 million, a P/E ratio of 12.26 and a beta of 1.16. The firm’s 50-day moving average price is $31.02 and its 200 day moving average price is $30.01.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Small Cap US Equity Select ETF stock. Archer Investment Corp increased its position in shares of Small Cap US Equity Select ETF (NASDAQ:RNSC) by 2.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,250 shares of the company’s stock after purchasing an additional 377 shares during the quarter. Archer Investment Corp owned 2.26% of Small Cap US Equity Select ETF worth $581,000 at the end of the most recent reporting period.

About Small Cap US Equity Select ETF

The First Trust Small Cap US Equity Select ETF (RNSC) is an exchange-traded fund that is based on the Nasdaq Riskalyze US Small Cap index. The fund tracks a dividend-selected, tier-weighted index of small-cap US equities. RNSC was launched on Jun 20, 2017 and is managed by First Trust.