First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Trading Down 1.2%

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI – Get Rating)’s stock price dropped 1.2% during trading on Wednesday . The stock traded as low as $56.02 and last traded at $56.13. Approximately 3,063 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 7,026 shares. The stock had previously closed at $56.80.

First Trust RiverFront Dynamic Developed International ETF Trading Up 1.1 %

The company’s fifty day simple moving average is $57.24 and its 200 day simple moving average is $56.05. The stock has a market capitalization of $123.00 million, a P/E ratio of 6.47 and a beta of 0.94.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. IFP Advisors Inc purchased a new stake in shares of First Trust RiverFront Dynamic Developed International ETF in the 4th quarter valued at about $41,000. Harbour Investments Inc. raised its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 18.6% in the 1st quarter. Harbour Investments Inc. now owns 2,093 shares of the company’s stock valued at $118,000 after acquiring an additional 328 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 4,445.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,318 shares of the company’s stock worth $178,000 after buying an additional 3,245 shares during the last quarter. Stifel Financial Corp purchased a new stake in shares of First Trust RiverFront Dynamic Developed International ETF during the 1st quarter valued at $207,000. Finally, Cetera Advisors LLC purchased a new stake in shares of First Trust RiverFront Dynamic Developed International ETF during the 4th quarter valued at $217,000.

First Trust RiverFront Dynamic Developed International ETF Company Profile

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The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.