ALPS Active Equity Opportunity ETF $RFFC Stock: Tenzing Financial LLC Raises Position

Tenzing Financial LLC raised its holdings in ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) by 255.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,263 shares of the company’s stock after purchasing an additional 7,378 shares during the period. Tenzing Financial LLC’s holdings in ALPS Active Equity Opportunity ETF were worth $788,000 at the end of the most recent quarter.

Separately, Envestnet Asset Management Inc. raised its stake in shares of ALPS Active Equity Opportunity ETF by 14.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,571 shares of the company’s stock worth $948,000 after buying an additional 1,543 shares during the period.

ALPS Active Equity Opportunity ETF Stock Up 0.4%

Shares of RFFC stock traded up $0.28 during trading hours on Friday, hitting $74.52. 539 shares of the company’s stock were exchanged, compared to its average volume of 991. ALPS Active Equity Opportunity ETF has a fifty-two week low of $64.05 and a fifty-two week high of $77.75. The firm has a market cap of $29.81 million, a P/E ratio of 25.00 and a beta of 0.94. The firm has a 50 day moving average of $76.66 and a two-hundred day moving average of $73.29.

ALPS Active Equity Opportunity ETF Profile

The RiverFront Dynamic US Flex-Cap ETF (RFFC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US stocks selected on the basis of multiple factors such as value, quality, and momentum. RFFC was launched on Jun 7, 2016 and is managed by RiverFront.