World Investment Advisors Grows Stake in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

World Investment Advisors increased its holdings in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) by 9.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,848 shares of the company’s stock after purchasing an additional 747 shares during the period. World Investment Advisors owned 1.97% of First Trust RiverFront Dynamic Emerging Markets ETF worth $560,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 26.2% in the fourth quarter. GAMMA Investing LLC now owns 1,932 shares of the company’s stock worth $122,000 after buying an additional 401 shares in the last quarter. Maia Wealth LLC lifted its stake in First Trust RiverFront Dynamic Emerging Markets ETF by 36.3% in the 4th quarter. Maia Wealth LLC now owns 4,519 shares of the company’s stock worth $284,000 after purchasing an additional 1,203 shares in the last quarter. Capasso Planning Partners LLC bought a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the 3rd quarter valued at about $471,000. Raymond James Financial Inc. purchased a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the fourth quarter valued at about $479,000. Finally, World Investment Advisors LLC bought a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the third quarter worth about $552,000.

First Trust RiverFront Dynamic Emerging Markets ETF Trading Down 3.6 %

NASDAQ:RFEM opened at $58.63 on Tuesday. The company has a market capitalization of $26.38 million, a P/E ratio of 10.04 and a beta of 0.83. The business’s 50-day moving average is $65.22 and its 200 day moving average is $65.20. First Trust RiverFront Dynamic Emerging Markets ETF has a 12 month low of $58.11 and a 12 month high of $70.20.

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.