First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) Stock Price Up 0.2% – Should You Buy?

First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) was up 0.2% on Wednesday . The company traded as high as $73.09 and last traded at $72.5750. Approximately 3 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 196 shares. The stock had previously closed at $72.41.

First Trust RiverFront Dynamic Europe ETF Price Performance

The firm has a market capitalization of $7.34 million, a price-to-earnings ratio of 11.59 and a beta of 0.87. The stock has a fifty day moving average of $72.06 and a two-hundred day moving average of $70.26.

First Trust RiverFront Dynamic Europe ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.3621 per share. This represents a $1.45 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Thursday, September 25th.

Institutional Investors Weigh In On First Trust RiverFront Dynamic Europe ETF

A hedge fund recently bought a new stake in First Trust RiverFront Dynamic Europe ETF stock. Ameritas Advisory Services LLC purchased a new stake in First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 466 shares of the company’s stock, valued at approximately $32,000. Ameritas Advisory Services LLC owned 0.47% of First Trust RiverFront Dynamic Europe ETF as of its most recent filing with the Securities & Exchange Commission.

First Trust RiverFront Dynamic Europe ETF Company Profile

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.