World Investment Advisors LLC Takes $552,000 Position in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

World Investment Advisors LLC purchased a new stake in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,101 shares of the company’s stock, valued at approximately $552,000.

Other large investors also recently made changes to their positions in the company. Hilltop Holdings Inc. lifted its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 2.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 10,022 shares of the company’s stock valued at $683,000 after purchasing an additional 219 shares during the period. GAMMA Investing LLC lifted its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 61.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,531 shares of the company’s stock valued at $104,000 after purchasing an additional 585 shares during the period. Maia Wealth LLC acquired a new stake in First Trust RiverFront Dynamic Emerging Markets ETF during the 3rd quarter worth $218,000. Finally, J.W. Cole Advisors Inc. raised its stake in First Trust RiverFront Dynamic Emerging Markets ETF by 7.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 26,060 shares of the company’s stock worth $1,776,000 after buying an additional 1,842 shares during the period.

First Trust RiverFront Dynamic Emerging Markets ETF Trading Down 0.2 %

Shares of First Trust RiverFront Dynamic Emerging Markets ETF stock opened at $64.28 on Wednesday. The company has a market capitalization of $28.92 million, a PE ratio of 7.49 and a beta of 0.83. First Trust RiverFront Dynamic Emerging Markets ETF has a 12 month low of $56.19 and a 12 month high of $70.20. The stock’s fifty day simple moving average is $65.49 and its 200 day simple moving average is $65.56.

First Trust RiverFront Dynamic Emerging Markets ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $1.2429 per share. The ex-dividend date of this dividend is Friday, December 13th.

First Trust RiverFront Dynamic Emerging Markets ETF Company 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.