World Investment Advisors Grows Stock Position in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

World Investment Advisors boosted its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) by 9.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,848 shares of the company’s stock after purchasing an additional 747 shares during the period. World Investment Advisors’ holdings in First Trust RiverFront Dynamic Emerging Markets ETF were worth $560,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC bought a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the third quarter valued at approximately $552,000. Raymond James Financial Inc. purchased a new position in First Trust RiverFront Dynamic Emerging Markets ETF during the 4th quarter valued at $479,000. Capasso Planning Partners LLC bought a new position in First Trust RiverFront Dynamic Emerging Markets ETF in the 3rd quarter valued at $471,000. OLD Mission Capital LLC increased its stake in First Trust RiverFront Dynamic Emerging Markets ETF by 109.3% in the fourth quarter. OLD Mission Capital LLC now owns 8,614 shares of the company’s stock worth $545,000 after purchasing an additional 4,499 shares during the period. Finally, Maia Wealth LLC lifted its position 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 worth $284,000 after purchasing an additional 1,203 shares during the last quarter.

First Trust RiverFront Dynamic Emerging Markets ETF Trading Down 3.6 %

NASDAQ RFEM opened at $58.63 on Tuesday. The stock has a market cap of $26.38 million, a PE 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. The company’s 50-day moving average price is $65.22 and its 200-day moving average price is $65.20.

First Trust RiverFront Dynamic Emerging Markets ETF 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.