GAMMA Investing LLC Increases Stock Holdings in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

GAMMA Investing LLC grew its stake in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) by 6,267.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 123,015 shares of the company’s stock after buying an additional 121,083 shares during the quarter. GAMMA Investing LLC owned 27.34% of First Trust RiverFront Dynamic Emerging Markets ETF worth $8,007,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. J.W. Cole Advisors Inc. raised its position 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 worth $1,670,000 after acquiring an additional 327 shares in the last quarter. Maia Wealth LLC boosted its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 36.3% in the fourth quarter. Maia Wealth LLC now owns 4,519 shares of the company’s stock valued at $284,000 after buying an additional 1,203 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the fourth quarter valued at approximately $479,000. Capasso Planning Partners LLC boosted its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 12.9% in the fourth quarter. Capasso Planning Partners LLC now owns 7,802 shares of the company’s stock valued at $494,000 after buying an additional 894 shares in the last quarter. Finally, OLD Mission Capital LLC boosted its stake 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 valued at $545,000 after buying an additional 4,499 shares in the last quarter.

First Trust RiverFront Dynamic Emerging Markets ETF Stock Performance

RFEM opened at $68.74 on Monday. The business’s fifty day moving average is $65.33 and its two-hundred day moving average is $64.94. The company has a market cap of $30.93 million, a price-to-earnings ratio of 11.64 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.

About First Trust RiverFront Dynamic Emerging Markets ETF

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.