First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM – Get Free Report) shot up 0.2% during trading on Wednesday . The stock traded as high as $99.22 and last traded at $99.19. Approximately 2,034 shares traded hands during trading, a decline of 56% from the average daily volume of 4,635 shares. The stock had previously closed at $99.00.
First Trust RiverFront Dynamic Emerging Markets ETF Price Performance
The firm has a market cap of $84.31 million, a P/E ratio of 12.49 and a beta of 0.80. The stock’s 50-day simple moving average is $94.55 and its two-hundred day simple moving average is $91.18.
First Trust RiverFront Dynamic Emerging Markets ETF Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a dividend of $1.1214 per share. This represents a $4.49 annualized dividend and a yield of 4.5%. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust RiverFront Dynamic Emerging Markets ETF’s previous quarterly dividend of $0.05.
Institutional Trading of First Trust RiverFront Dynamic Emerging Markets ETF
First Trust RiverFront Dynamic Emerging Markets ETF Company 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. RFEM was launched on Jun 14, 2016 and is managed by First Trust.
See Also
- Five stocks we like better than First Trust RiverFront Dynamic Emerging Markets ETF
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for First Trust RiverFront Dynamic Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust RiverFront Dynamic Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
