Small Cap US Equity Select ETF (NASDAQ:RNSC) Trading 0.2% Higher – Still a Buy?

Small Cap US Equity Select ETF (NASDAQ:RNSC) shares were up 0.2% on Thursday . The company traded as high as $30.59 and last traded at $30.59. Approximately 721 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 6,382 shares. The stock had previously closed at $30.54.

Small Cap US Equity Select ETF Stock Up 0.2 %

The company’s fifty day moving average price is $29.53 and its two-hundred day moving average price is $28.58. The company has a market cap of $27.53 million, a price-to-earnings ratio of 12.26 and a beta of 1.16.

Small Cap US Equity Select ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1361 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.54 annualized dividend and a yield of 1.78%.

Hedge Funds Weigh In On Small Cap US Equity Select ETF

An institutional investor recently raised its position 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 13.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,873 shares of the company’s stock after buying an additional 2,290 shares during the quarter. Archer Investment Corp owned 1.99% of Small Cap US Equity Select ETF worth $520,000 as of its most recent SEC filing.

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.