First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Trading Up 2.1% – Here’s What Happened

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) shares traded up 2.1% during trading on Monday . The stock traded as high as $89.25 and last traded at $81.51. 4,162 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 4,032 shares. The stock had previously closed at $79.84.

First Trust RiverFront Dynamic Developed International ETF Trading Up 1.1%

The company has a market capitalization of $141.01 million, a PE ratio of 12.09 and a beta of 0.88. The firm has a fifty day moving average of $84.86 and a two-hundred day moving average of $80.66.

Institutional Trading of First Trust RiverFront Dynamic Developed International ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. LPL Financial LLC increased its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 1.6% in the fourth quarter. LPL Financial LLC now owns 20,180 shares of the company’s stock worth $1,625,000 after buying an additional 317 shares during the period. Evolution Wealth Management Inc. purchased a new stake in First Trust RiverFront Dynamic Developed International ETF during the 2nd quarter valued at $34,000. Cerity Partners LLC grew its holdings in First Trust RiverFront Dynamic Developed International ETF by 3.3% in the 4th quarter. Cerity Partners LLC now owns 19,893 shares of the company’s stock worth $1,602,000 after acquiring an additional 638 shares during the last quarter. Wells Fargo & Company MN grew its holdings in First Trust RiverFront Dynamic Developed International ETF by 137,100.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,372 shares of the company’s stock worth $110,000 after acquiring an additional 1,371 shares during the last quarter. Finally, Elevated Capital Advisors LLC purchased a new position in shares of First Trust RiverFront Dynamic Developed International ETF in the fourth quarter valued at about $111,000.

About First Trust RiverFront Dynamic Developed International ETF

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio. RFDI was launched on Apr 13, 2016 and is managed by First Trust.