Maia Wealth LLC Acquires New Holdings in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

Maia Wealth LLC acquired a new stake in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,316 shares of the company’s stock, valued at approximately $218,000. Maia Wealth LLC owned approximately 0.74% of First Trust RiverFront Dynamic Emerging Markets ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. OLD Mission Capital LLC raised its position in First Trust RiverFront Dynamic Emerging Markets ETF by 11.1% during the first quarter. OLD Mission Capital LLC now owns 97,521 shares of the company’s stock worth $5,972,000 after acquiring an additional 9,743 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in First Trust RiverFront Dynamic Emerging Markets ETF by 7.6% during the third quarter. J.W. Cole Advisors Inc. now owns 26,060 shares of the company’s stock worth $1,776,000 after purchasing an additional 1,842 shares during the period. Finally, GAMMA Investing LLC increased its position in First Trust RiverFront Dynamic Emerging Markets ETF by 61.8% during the third quarter. GAMMA Investing LLC now owns 1,531 shares of the company’s stock worth $104,000 after buying an additional 585 shares during the last quarter.

First Trust RiverFront Dynamic Emerging Markets ETF Trading Down 0.8 %

RFEM opened at $65.65 on Thursday. The stock’s fifty day simple moving average is $66.46 and its 200 day simple moving average is $65.32. First Trust RiverFront Dynamic Emerging Markets ETF has a 1-year low of $54.06 and a 1-year high of $70.20. The stock has a market cap of $29.54 million, a PE ratio of 7.49 and a beta of 0.83.

First Trust RiverFront Dynamic Emerging Markets ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.3293 dividend. This represents a $1.32 annualized dividend and a dividend yield of 2.01%. The ex-dividend date of this dividend was Thursday, September 26th.

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.