First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) Shares Up 0.9% – Here’s Why

First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) rose 0.9% during mid-day trading on Monday . The stock traded as high as $65.99 and last traded at $65.79. Approximately 642 shares traded hands during mid-day trading, an increase of 133% from the average daily volume of 275 shares. The stock had previously closed at $65.22.

First Trust RiverFront Dynamic Europe ETF Price Performance

The stock’s 50 day moving average is $62.27 and its two-hundred day moving average is $63.35. The firm has a market capitalization of $6.58 million, a P/E ratio of 11.34 and a beta of 0.95.

Institutional Trading of First Trust RiverFront Dynamic Europe ETF

An institutional investor recently raised its position in First Trust RiverFront Dynamic Europe ETF stock. Jane Street Group LLC lifted its position in shares of First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) by 13.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,051 shares of the company’s stock after buying an additional 465 shares during the period. Jane Street Group LLC owned about 4.05% of First Trust RiverFront Dynamic Europe ETF worth $240,000 at the end of the most recent quarter.

About First Trust RiverFront Dynamic Europe ETF

The First Trust RiverFront Dynamic Europe ETF (RFEU) is an exchange-traded fund that is based on the FTSE Developed Europe All Cap index. The fund is an actively-managed fund that seeks capital appreciation from developed European stocks selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.