ALPS Active Equity Opportunity ETF $RFFC Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its position in ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) by 83.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,041 shares of the company’s stock after selling 49,087 shares during the quarter. Envestnet Asset Management Inc. owned 2.68% of ALPS Active Equity Opportunity ETF worth $604,000 at the end of the most recent quarter.

ALPS Active Equity Opportunity ETF Trading Up 1.4%

Shares of NYSEARCA:RFFC opened at $65.57 on Tuesday. ALPS Active Equity Opportunity ETF has a 52 week low of $49.26 and a 52 week high of $66.58. The company’s 50 day moving average is $64.85 and its two-hundred day moving average is $61.87. The company has a market cap of $26.23 million, a PE ratio of 25.00 and a beta of 0.96.

About ALPS Active Equity Opportunity ETF

The RiverFront Dynamic US Flex-Cap ETF (RFFC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US stocks selected on the basis of multiple factors such as value, quality, and momentum. RFFC was launched on Jun 7, 2016 and is managed by RiverFront.