Small Cap US Equity Select ETF (NASDAQ:RNSC) Shares Up 1.3% – What’s Next?

Small Cap US Equity Select ETF (NASDAQ:RNSC) was up 1.3% during trading on Friday . The stock traded as high as $27.70 and last traded at $27.70. Approximately 362 shares traded hands during trading, a decline of 93% from the average daily volume of 5,311 shares. The stock had previously closed at $27.34.

Small Cap US Equity Select ETF Trading Up 1.3 %

The stock’s 50 day moving average price is $29.42 and its two-hundred day moving average price is $30.09. The firm has a market capitalization of $23.54 million, a price-to-earnings ratio of 17.43 and a beta of 1.16.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Small Cap US Equity Select ETF stock. Archer Investment Corp increased its position in Small Cap US Equity Select ETF (NASDAQ:RNSC) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,789 shares of the company’s stock after acquiring an additional 539 shares during the period. Archer Investment Corp owned approximately 2.33% of Small Cap US Equity Select ETF worth $588,000 as of its most recent SEC filing.

About Small Cap US Equity Select ETF

The First Trust Small Cap US Equity Select ETF (RNSC) is an exchange-traded fund that is based on the Nasdaq Riskalyze US Small Cap index. The fund tracks a dividend-selected, tier-weighted index of small-cap US equities. RNSC was launched on Jun 20, 2017 and is managed by First Trust.