First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) by 9.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 41,700 shares of the company’s stock after acquiring an additional 3,691 shares during the period. Envestnet Asset Management Inc. owned approximately 9.27% of First Trust RiverFront Dynamic Emerging Markets ETF worth $2,639,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. lifted its holdings in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 1.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 26,387 shares of the company’s stock valued at $1,670,000 after acquiring an additional 327 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the fourth quarter worth about $479,000. GAMMA Investing LLC lifted its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 26.2% during the fourth quarter. GAMMA Investing LLC now owns 1,932 shares of the company’s stock worth $122,000 after purchasing an additional 401 shares in the last quarter. OLD Mission Capital LLC boosted its position in shares of 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 buying an additional 4,499 shares during the period. Finally, World Investment Advisors LLC acquired a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the third quarter valued at about $552,000.

First Trust RiverFront Dynamic Emerging Markets ETF Stock Performance

First Trust RiverFront Dynamic Emerging Markets ETF stock opened at $64.86 on Friday. The firm has a market capitalization of $29.19 million, a PE ratio of 11.14 and a beta of 0.83. First Trust RiverFront Dynamic Emerging Markets ETF has a one year low of $57.44 and a one year high of $70.20. The stock’s 50 day moving average price is $64.44 and its 200 day moving average price is $64.57.

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.